one property at a time.

Subto ✌ – Long Term Rental – Indianapolis

Price
$220,000
9001 Hibben Ave, Indianapolis, IN 46229, USA, ,

Overview

  • 3 Bedrooms
  • 2 Bathrooms
  • 1,460 ft
  • Year Built: 1951

Description

INDIANAPOLIS BUYERS!! – ✌ Subto/Seller Financing deal – Cashflowing LTR

✅Property Info:

3 bd, 2.5 ba, 1,460 sqft

Built 1951

Lot size 0.16 Acres (6,969 sq ft)

No HOA

✅ Price and Mortgage Subject To info:

Purchase Price: $220,000

Mortgage Balance: $176,296.64

PITI: $1,215.54

Interest rate: 5.625%

✅ Seller Finance details:

Total seller finance amount of $11,203.36

$50 per month for 120 months (10yr) = $6000

Balloon payment of remaining $5,203.36, due to seller April 1, 2034

✅ Exit Strategies:

LTR: $1,450-$1,550 (Rentometer)

Current tenant in place through December paying $1,350

Potential upside for MTR and STR

Address: 9001 Hibben Ave, Indianapolis, IN 46229, USA
State:
Zip: 46229
Country: United States
Open In Google Maps
Property Id : 107856
Price: $ 220,000
Property Size: 1,460 ft
Bedrooms: 3
Bathrooms: 2
Property Type: Single-Family
Parking: Driveway
Year Built: 1951
Lot Size: 0.16 acres

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