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Updated 9 months ago on .

User Stats

84
Posts
28
Votes
Matthew Bernal
  • Investor
  • Carmel, IN
28
Votes |
84
Posts

Off-Market Duplex With 46% ROI

Matthew Bernal
  • Investor
  • Carmel, IN
Posted

Property Highlights:

  • Address: Connersville, IN 47331
  • Type: Single Family Residential (currently set up as a duplex)
  • Bedrooms: 4 (3 beds on each side)
  • Bathrooms: 2
  • Square Footage: 3,168 sq. ft.
  • Lot Size: 4,312 sq. ft.
  • Year Built: 1900
  • Price: $75,000

Why This Property?

  1. **Income Potential: With an ARV of $153,000, this property offers significant capital appreciation and strong rental income potential.
  2. **Turnkey Investment: Ideal for cash buyers looking to leverage a high-ROI, low-entry barrier property.
  3. **Flexibility: Currently zoned as a single-family home but set up as a duplex, providing multiple income streams.
  4. **Prime Location: Located in a high-demand rental market in Connersville, ensuring steady tenant occupancy.

Financial Breakdown:

  • Purchase Price: $75,000
  • Estimated Renovation Costs: $30,000
  • Total Investment: $105,000
  • After Repair Value (ARV): $153,000
  • Potential Rental Income: $1,200/month (duplex setup)
  • Annual Cash Flow: $10,400 (after expenses)
  • Cash-on-Cash Return: 9.90%

Why Act Now?

  • **Competitive Pricing: Below market value for a quick sale.
  • **High Demand: Properties in this area sell fast. Don’t miss out on a high-yield investment.
  • **Immediate Cash Flow: Start generating income as soon as renovations are completed.

Next Steps:

  1. Contact Us Today: Don’t wait! Reach out for more details or to schedule a viewing.
  2. Secure Financing: Ensure you have the funds ready for a seamless transaction.
  3. Make an Offer: Be ready to act fast and submit your offer to secure this investment.

Contact Information:Phone: 619-752-0988 

Email: [email protected] 

Invest in your future with a property that promises high returns and significant growth potential. Seize this opportunity now!

Don’t wait – this property won’t last long! 

  • Matthew Bernal
  • [email protected]
  • 619-752-0988