3423 Hillside Ave

Indiana, USA

Single Family

Full ownership

Price - $57,000

Expected Rent - $700

Property

2

Bedrooms

1

Bathrooms

1927

Year Built

1,820

Property sq. ft.

12,922

Lot sq. ft.

$31

Price per sq. ft

Newly renovated home, 2 Beds, 1 bath with a new roof, new furnace, new water heater, fresh paint and new carpets. This house has huge fenced in yard with deck for entertainment and BBQ, basement for extra storage or play room.


Location

+ Indianapolis is the 13th largest city in the US, the third largest Midwest City, and part of the 33rd largest Metropolitan Statistical Area with nearly 1.7 million residents. + Indianapolis’ population is projected to grow by 19% by 2020 which will Keep contribute to the real estate market to grow. + Indianapolis was ranked in the Wall Street Journal as one of the top three best markets in the country for real estate investment. + Indianapolis has one of the highest monthly rent to price ratios in the nation (approximately 1% vs. a national average of 0.4%). + Homes are currently selling for less than their replacement costs. + The PMI risk index ranks Indianapolis as the fifth least likely metropolitan area to depreciate in the next two years.


Market

Population Growth - 0.98% per year
Population Density - 861 per km²
Median Age - 35
Median Income - $54,939


Finance

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