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Archived 10 months ago

$215,000

3 bd 2 ba

448 Yorktown Ln, Avon, IN 46123

Residential SFR

Current Rent **

$1,750

Projected Rent **

$1,750

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

AVON PROPERTY! Great and VACANT 3/2 Flip or Hold in Shiloh Farms!!

Here is a great AVON opportunity to flip or hold!! Rent comps are strong, as well as, the sold comps! The cheapest anything sold in the last year was an outdated 3/2 ranch that was over 500 square feet SMALLER than ours for $267k. The Shiloh Farms neighborhood is a vinyl village-type neighborhood but our house has mostly brick on the front. Our lot is larger than most in this neighborhood as well, sitting on 0.4 acre.

This one is vacant and can be easily viewed. Reply for access information.

There is currently nothing active in the Shiloh Farms neighborhood. Recent leased or sold in the same neighborhood include:

10269 Corinth - LEASED $1950 per month
613 Prentiss - SOLD $267k (3/2, ONLY 1450 sf, 25 DOM)
10269 Corinth - SOLD $300k (4/2.5, ONLY 1406 sf, 6 DOM)
431 Prentiss - SOLD $305k (3/2.5, 2073 sf, 11 DOM)
533 Yorktown - SOLD $319900 (4/2.5, 2156 sf, 22 DOM)

Location:

448 Yorktown Ln, Avon, IN 46123

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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.