$30,000
3425 N Emerson Ave , Indianapolis, IN 46218
Current Rent **
$750
Projected Rent **
N/A
Estimated Rent †
Estimated Rent Confidence ‡
Very High
CASHFLOW IS KING 20%-21% ROI
Single-Family Home located on N Emerson Ave Home offers 3 bedrooms, 1 bath.This home was built in
1950 and offers 925 square feet of living space on a 9,888 lot.
Property will be delivered vacant. 60 cents on the Dollar! Needs
moderate rehab. Carpet for the living room, Kitchen Cabinets and flooring, a little update for the bathroom , and paint the inside. Estimated repairs $7000
• 40% Below Market Value
• Bed: 3
• Bath: 1
• SqFt: 925
• Market Rent: $750- $765
• Condition: Fixer
• Market Value: $60,000
• Yr Blt: 1950
• Asking: $30,000
COMPS BELOW
1) 3536 N LELAND AVE, Indianapolis IN 46218 (0.1) Mile/ Last sold 4/22/2019 SOLD FOR $56,100
2) 3238 N BANCROFT ST, Indianapolis, IN 46218 (0.3) Mile/ Last sold 03/12/2019 SOLD FOR $56,300
3) 3639 N Riley Ave, Indianapolis, IN 46218 (0.3) Mile/ Last sold 04/12/2019 SOLD FOR $65,700
To learn more about this Indianapolis, IN investment property message Ahmad Hjouj directly or send an offer! For faster response text 317-672-8399
Location:
3425 N Emerson Ave , Indianapolis, IN 46218
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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.
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