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Archived about 1 month ago

$169,000

3 bd 2 ba

7210 Chimney Rock Ct, Indianapolis, IN 46217

Residential SFR

Current Rent **

$1,550

Projected Rent **

$1,550

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Amie Lieurance

Perry Township 3/2 Ranch to Flip or BRRRR!!

Here is a great brick ranch in Perry Township's Chimney Heights neighborhood! This is a HOT SPOT in Indy and this is a great find. The cheapest comp sold for $219,100 "AS IS" and it was dated!

DO NOT disturb occupants. Reply for access information.

Roof - 6 years
Furnace - older
AC - 10 years
Water Heater - 2 years
Windows - 10 years/vinyl

Recent Chimney Heights sales include:
7117 Chimney Roc - SOLD $219,100 AS IS (3/2, 1406 sf, 0.47 acre, 2 DOM)
7018 Chimney Rock - SOLD $225k (3/2, 1460 sf, 0.39 acre)
7302 Chimney Rock - SOLD $287k (4/2, tri-level, 1152 upper sf, 48 DOM)

Location:

7210 Chimney Rock Ct, Indianapolis, IN 46217

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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.