Ranch with a basement in beech grove gives you a good opportunity to get into the rental game with immediate positive cash flow available. House does need some tlc. The good news is you will still be cash flow positive despite repairs needed. You will not have to search for and screen potential tenants as current renters have been in place for 10 years and would like to stay. Brand new roof and car port were installed in 2012. Furnace replaced in 2014. Sump pump and water heater replaced in 2019. This could be a good opportunity for you. Come check it out!
The vacancy rate of homes in 46107 is
8.6% with 57.69% of homes being owner-occupied. The median household income in 46107 is $41832 per year with those between 45 and 64 having the highest median income at $54665.