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Archived over 1 year ago

$75,000

2 bd 1 ba

5114 Mecca St, Indianapolis, IN 46241

Residential SFR

Current Rent **

$850

Projected Rent **

$850

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

BACK-to-SCHOOL Special!! Great 2/1 in Drexel Gardens!!

Check out this great Drexel Gardens 2/1 that comes with an extra parcel lot next door!! Located in Wayne Township, this neighborhood and area is great for rental properties.

Furnace - 8 years
AC 8 years
Water heater - 1 year
3 vinyl windows

Recent Drexel Garden 2/1 sales include:
5033 Regent - SOLD $109500 (2/1, 826 sf, 1-car detached, 26 DOM)
4747 Mecca - SOLD $113k (2/1, 728 sf, no garage)

Do NOT disturb occupants. Please reply for showing information.

Location:

5114 Mecca St, Indianapolis, IN 46241

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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.