For sale 2 months ago

$125,000

3 bd ba

4310 N Ritter Ave, Indianapolis, IN 46226

Residential SFR

Current Rent **

$1,200

Projected Rent **

$1,200

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

BRRRR or Flip this SOLID 3/1.5 brick ranch in Devington area of Indy on 1/3 acre!!!

Check out this great all brick mid-century ranch in the Jacob Lutz neighborhood. Located on Indy's northeast side, this house would be a great buy and hold with equity or quick flip! The home comes with a carport and sits on 1/3 of an acre. The big ticket items are newer which is a huge bonus!

Roof - 2 years
Furnace - 1 year
AC - 1 year
Water Heater 5 years
Windows - 10 years

DO NOT DISTURB occupants. Reply to this email for showing information.

Recent Jacob Lutz leased or sold include:
4225 N Ritter - SOLD $130k, LEASED $1200 per month (3/1.5, only 1025 sf, 8 DOM)
4226 N Ritter - SOLD $150k (3/1.5, carport, 1025 sf, 5 DOM)
4222 N Whittier - SOLD $170k (3/1.5, 2-car detached, 1025 sf, 8 DOM)
4210 N Whittier - SOLD $180k (3/1.5, 1277 sf, 2-car detached, 4 DOM)

Location:

4310 N Ritter Ave, Indianapolis, IN 46226

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.