1829 New St

Share this listing

Pre-formatted captions, a short link, and a QR code — ready to paste.

Share image
Sized for LinkedIn · 1200×627 — matches the caption above.
Rendering preview…

1829 New St

Indianapolis, IN 46203
Asking Price
$1.10M
Cap Rate
7.73%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B

What's Special

6-Property Scattered Site Portfolio | 100% Leased | 7.73% Cap Rate <ul><li>​Three homes carry IHA Section 8 leases at $1,750-$2,519/mo within Payment Standard ceilings. HUD Fair Market Rents re-price annually, a structural rent escalator on 50% of the portfolio.</li><li>​~$51k invested in portfolio over the trailing 24 months. Buyer steps into a turnkey portfolio.</li><li>​At five out of the six homes, residents are responsible for water, sewer, electric, gas and internet, minimizing exposure to operating-cost volatility and supporting predictable cash flow.</l

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates — verify with your lender and accountant.

NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

Location & Travel Times