Indianapolis, Indiana

2933 S Roena St

$44,000
  • Size: 864 sq ft
  • Bedrooms: 3
  • Bathrooms: 1
  • Year built: 1957

We have an Indianapolis investment property available at $20,000 below market value for real estate investors only as it is already rented with a paying tenant!

**PLEASE NOTE THAT THIS INDIANAPOLIS INVESTMENT PROPERTY WILL NOT LAST LONG!**

Indiana Investment Property: Instant Equity – No Fixup – Tenant In Place

If you are interested in this Indianapolis investment property please get in touch with Jeff Lindikoff as soon as possible: (541) 537-2042

This single family home has been newly renovated making it an excellent opportunity for real estate investors which means no fixup, no costs, no wasted time.

ALSO…..there is already a tenant in place that is paying rent on the property.

Having a tenant already in place reduces your overall risk with no waiting time or lost rent searching for something to rent your property or having a property management company advertise for you (especially during the later holiday months).

You are walking into this Indiana Investment Property with instant equity and no waiting time needed to fix up or advertising to rent out the property.

This is a wonderful opportunity to see some of the highest returns on investment available in residential real estate investing.

Indianapolis Investment Property Breakdown Summary

2933 S Roena St Indianapolis, IN 46241

Market Value: $65,000 Monthly Rental Income $700
Price: $44,000 Property Management ($56)
Bedrooms 3 Property Taxes ($75)
Bathrooms 1 Insurance / HOA Fees ($42)
Square Footage 864 Maintenance / Vacancy ($22)
Year Built 1957 Total Operating Expenses ($195)
Parking Spaces Approx. Net Operating Income $505
Lot Size (Sq ft) 43,560 Rented / Leased YES

Indianapolis investment properties are in high demand which generates above market rents.

Indianapolis, the capital of the state of Indiana, is the 12th largest city in the US and has some of the highest job growth in the midwest.

Unemployment and cost of living is below the national average and is currently experiencing a strong local economy as Indianapolis is a center for Pharmaceutical and Bio – Tech companies.

  • CNN Money said “Indianapolis’s economy and housing prices to grow the fastest in the nation”
  • Forbes Magazine “Indianapolis #1 most affordable place to own Real Estate” (based on prices and incomes)
  • Business 2.0 magazine ranked Indy #2 in top 10 major metro areas poised for a housing rebound

Interested in this Indianapolis Investment Property?

If you are interested in this Indianapolis investment property get in touch with Jeff Lindikoff as soon as possible: (541) 537-2042

2933 S Roena St
Indianapolis, Indiana

Your Agent for this listing

Jeff Lindikoff
Agent
Office: 541-537-2042
Other listings

Your Name (required)

Your Email (required)

Your Number (If you'd like us to call you)

Subject

Your Real Estate Investment Property Question / Message

captcha