2021 Bellefontaine Street, Indianapolis, IN, USA
Excellent
87/100This is a solid deal — priced below the local market with healthy equity after repairs. Watch that the rental yield is thin the neighborhood scores low.
- 34% below area price per sqft
- $165k potential equity (40%)
- $163/mo positive cash flow
- Cap rate only 4.87%
- Neighborhood scores 55/100
Price vs. Market
ARV Assessment
The After-Repair Value (ARV) range for the subject property is estimated to be between $461,760 and $624,240 after full renovation, based on high-quality comparables in the same neighborhood.
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Property presents in turnkey condition. Estimated rehab of $5k covers minor refresh and make-ready.
Sales-comparison approach using 6 live sold comps from Realtor.com (filtered from 10 candidates), evaluated by LLM for proximity, recency, and renovation quality.
Comparable Sales
6 comps
Rental Income
Median area rent is $4,000/mo based on 2 comps. Standard deviation $2,121/mo indicates varied pricing in the area.
2 more details
Based on 2 comparable rentals within 50.0 miles of similar houses, monthly rents range from $2,500 (25th percentile) to $5,500 (75th percentile), with a median of $4,000.
Median + 25th/75th percentile of comparable Realtor.com rentals within 50.0 miles. Standard deviation: $2,121.
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