964 Cameron Street, Indianapolis, Indiana, 46203

A Great Investment Opportunity in Indianapolis, IN

Property Details

A classic single-family house featuring 2 bedrooms, 2 bathrooms, and 884 sqft of living space on a 5,227 sqft lot with a detached garage.

• Roof: Fair

• Furnace: Good

• AC: Unknown

• Plumbing: Fair

• Electrical Panel: Good

• Water Heater: Good

The property will be delivered vacant at closing.

Investment Highlights

• Strong equity position with $25,000 gained equity at purchase and $47,710 expected total gained equity and cash

• Desirable corner lot location on a quiet street with no flood risk

• Proven zipcode performance with 47% sales success rate and average 11 interested buyers per deal

• Comparable sales range from $213k-$230k withARV of $225k, providing solid appreciation potential

• Full unfinished basement offers potential for additional living space or storage

• Mixed market with limited inventory (only 3 active and 2 pending listings out of 24 total)

• 5-year appreciation trend shows consistent growth (+30%) despite flat 1-year performance

• Flexible exit strategy options including rental hold or flip opportunity given low active inventory

Financial Summary

• ARV (After Repair Value): $220,000 - $230,000

A Wonderful Rental Opportunity!