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Archived about 2 months ago

$115,000

3 bd 2 ba

4528 Greenhill Way, Anderson, IN 46012

Residential SFR

Current Rent **

$1,300

Projected Rent **

$1,300

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Anderson Property! Emerald Green neighborhood 3/2 to flip or BRRRR

Check out this great property in Anderson's popular and established Emerald Green neighborhood. Built in 1970, this ranch sits on 1/3 of an acre. This could be a flip or buy and hold with equity. The cheapest anything has sold in this neighborhood over the last year was $199900 and it was sold AS IS! There are a few "AS IS" sales in here recently and the other two sold for over 210k and 226500 AS IS!

Recent neighborhood pending or sold include:
912 Glen Echo - PENDING with list price of 260k (3/2, ranch, 0.33 acre 1638 sf, 9 DOM)
2796 E 100 N - SOLD $199900 AS IS (3/1.5, 1553 sf, 0.45 acre, 3 DOM)
842 Greenhill - SOLD $210k AS IS (4/2.5, 2529 sf, 3 DOM)
732 Greenhill - SOLD $226500 AS IS (4/2.5, 2526 sf, 2 DOM)
831 Glen Echo - SOLD $270k (4/2.5, 2122 sf, 3 DOM)

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Location:

4528 Greenhill Way, Anderson, IN 46012

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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.