All Forum Posts by: Cullen W Jones

I'm actually having issues opening the investor map. However, Patrick, hello! I'm Cullen and I'm a Realtor in Indianapolis. Let's work on acquiring you some new assets! I'm going to send you a message

Hello! I'm Cullen Jones and I'm an active Realtor in Indianapolis. Let's talk about how I can help you best.

@Troy Ronald , Hello! I'm a Realtor in Indianapolis as well as an investor. I can provide you with some valuable information about the Indianapolis market. I'm going to message you

I personally feel the two properties you are describing cover different criteria. Fix and flip properties are easier to find in areas going through gentrification and are typically areas that need improvement (to put things nicely). Cash flow is cash flow, but areas that rent "well" are going to probably be a little nicer than areas with a lot of fix and flips. Unless, you plan to BRRR and collect rent after rehabbing, which is another great way of investing.

I'm a Realtor in the area. Let's talk about your goals for 2022

Hello, I'm Cullen and I'm an investor-friendly agent and I live in Indianapolis. I am going to give you a follow and send you a message! Let's achieve your goals.

Hello! I love seeing statistics on peoples' ROI and hearing the story behind it! I'm a realtor here in Indianapolis. I'm here to provide service however possible based on your needs.

Cullen Jones (317-604-1930)

Indianapolis Real Estate Agent (FC Tucker)

12/19/2021 Indianapolis Real Estate Market Update

• Average Home Price November 2021: $215,000
  • Average Home Price November 2020: $188,900
  • 13.8% appreciation in home values since 2020

• U.S. 10 Year Treasury: 1.407% (increase of 0.47% from 0.93 December 2020)
• As the U.S. 10 Year Treasury yield percentage goes up, so do mortgage interest rates. 30-year-Mortgage interest rates sit at an average 2.994% for December, 2021. 30-year-Mortgage rates in December, 2020 averaged 2.865% (+0.13% since 2020).
  • An increase in mortgage interest rates is indicated by an increased U.S. 10 Year Treasury yield (+0.47% since 2020)
    • A $250,000 home in 2020 (2.865%) with 20% down payment on 30 year conventional loan = $828.71 monthly mortgage payment ($27.62 per day)
    • A $250,000 home in 2021 (2.992%) with 20% down payment on 30 year conventional loan = $842.34 monthly mortgage payment ($28.09 per day)
  • *20% down payment used for examples.* Ask about other down payment options!
  • Increase in interest rate correlates with increase in demand to purchase homes
• Average Indianapolis rent 2021: $1,193 per month ($39.77 per day)
  • 20.1% increase in rent rates from $993 per month in 2020 ($33.1 per day)
  • Rent rate is increasing quicker and higher than the rate of inflation (6.2%)
  • Rental home owners are collecting an increasing amount of monthly cash-flow during these trying times (20.1% increase in monthly cash-flow since 2020)
• Interested in purchasing a home?
  • Mortgage rates are historically low during this time. Excellent time to lock in a low fixed-mortgage interest rate and capitalize on an appreciating market.
• Interested in selling a home?
  • On average, homes in Indianapolis have appreciated by 13.8%.
  • Curious about how much your home is worth in today’s market? Let me help you, free of charge.
  • Average days on market before selling: 7 days
• Know someone who could benefit from this information? Share my contact information with them or send them my way for free market updates.

Cullen Jones

Indianapolis Real Estate Agent (FC Tucker)

• Average Home Price November 2021: $215,000
  • Average Home Price November 2020: $188,900
  • 13.8% appreciation in home values since 2020

• U.S. 10 Year Treasury: 1.407% (increase of 0.47% from 0.93 December 2020)
• As the U.S. 10 Year Treasury yield percentage goes up, so do mortgage interest rates. 30-year-Mortgage interest rates sit at an average 2.994% for December, 2021. 30-year-Mortgage rates in December, 2020 averaged 2.865% (+0.13% since 2020).
  • An increase in mortgage interest rates is indicated by an increased U.S. 10 Year Treasury yield (+0.47% since 2020)
    • A $250,000 home in 2020 (2.865%) with 20% down payment on 30 year conventional loan = $828.71 monthly mortgage payment ($27.62 per day)
    • A $250,000 home in 2021 (2.992%) with 20% down payment on 30 year conventional loan = $842.34 monthly mortgage payment ($28.09 per day)
  • *20% down payment used for examples.* Ask about other down payment options!
  • Increase in interest rate correlates with increase in demand to purchase homes
• Average Indianapolis rent 2021: $1,193 per month ($39.77 per day)
  • 20.1% increase in rent rates from $993 per month in 2020 ($33.1 per day)
  • Rent rate is increasing quicker and higher than the rate of inflation (6.2%)
  • Rental home owners are collecting an increasing amount of monthly cash-flow during these trying times (20.1% increase in monthly cash-flow since 2020)
• Interested in purchasing a home?
  • Mortgage rates are historically low during this time. Excellent time to lock in a low fixed-mortgage interest rate and capitalize on an appreciating market.
• Interested in selling a home?
  • On average, homes in Indianapolis have appreciated by 13.8% in 2021 since 2020.
  • Curious about how much your home is worth in today’s market? Let me help you, free of charge.
  • Average days on market before selling: 7 days
• Know someone who could benefit from this information? Share my contact information with them or send them my way for free market updates.

Envoy Real Estate provides MANY real estate services in Indianapolis. I would give them a call/email: 

www.envoyre.com 

And NO, I do not work for Envoy.