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Updated 9 months ago on .
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Off-Market Duplex With 46% ROI
![](https://bpimg.biggerpockets.com/no_overlay/uploads/uploaded_images/1717262448-Image_6-1-24_at_1.20_PM.jpeg?twic=v1/output=image/quality=55/contain=800x800)
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?
- **Income Potential: With an ARV of $153,000, this property offers significant capital appreciation and strong rental income potential.
- **Turnkey Investment: Ideal for cash buyers looking to leverage a high-ROI, low-entry barrier property.
- **Flexibility: Currently zoned as a single-family home but set up as a duplex, providing multiple income streams.
- **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:
- Contact Us Today: Don’t wait! Reach out for more details or to schedule a viewing.
- Secure Financing: Ensure you have the funds ready for a seamless transaction.
- 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!
Offering
Indianapolis, Indiana