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Flip Potential Up; ARV Reaches $196K
Updated 10 days ago • 3 new comps
Your Investment Paths
Turnkey Rental
This property shows strong potential as a rental, with estimated monthly income ranging between $1,385 and $1,546. This reflects a solid market performance for similar three-bedroom homes in the area, offering a competitive 8.79% annual yield. Investors can anticipate steady growth with an expected annual appreciation of $3,441. Given the current market data and consistent demand for single-family rentals, this asset presents a reliable opportunity for generating long-term cash flow.
More about this home
Neighborhood Assessment
The Maywood Manor neighborhood in Indianapolis is a classic spot for established families—quiet, mostly residential, and anchored by solid schools like Stephen Decatur Elementary just under a mile away. The vibe is suburban, with well-kept parks (Bel-Aire Park is literally in the backyard), and houses from the 1950s that have seen steady investment but not wild appreciation. Walkability is modest, with most amenities requiring a short drive, but you get big backyards and plenty of space. Recent neighborhood comps show similar 3-bed homes moving quickly in the $160K–$190K range, though this property’s refreshed interior and larger lot help it stand out. Crime is average for the area, and while the schools aren’t top-rated, they’re respectable for Indianapolis. There’s not much new commercial development nearby, so the area feels stable rather than up-and-coming. For buyers or investors, rental demand remains consistent, with single-family supply relatively tight.
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Rental Income
$18K
Yield
8.8%
Appreciation
$3K
Year 1 Estimates
Fix-and-Flip
Updating your home creates a clear advantage, boosting value from roughly 157 dollars per square foot to 172 dollars. This nearly 10 percent increase helps your property shine and attracts buyers searching for modern, move-in ready living. Refreshed homes consistently command higher rent, reaching up to 1,637 dollars monthly. Whether aiming for a quick sale or long-term rental income, these improvements unlock significant potential, ensuring your property remains a top choice in this market.
Value Add
$17K
Appreciation
$3K
Post Typical Renovation
Buy-Rehab-Rent
This property offers solid BRR potential with a post-renovation value estimated between $177,000 and $196,000. Targeted updates could yield a meaningful 9.8% return, providing a strong foundation for long-term equity growth in this neighborhood. Monthly rental income is projected at $1,533, or $18,396 annually. These steady cash flows combined with the market-driven appreciation make this a practical and attractive opportunity for building a reliable, income-generating real estate portfolio.
Rental Income
$18K
Yield
9.9%
Appreciation
$3K
Year 1 Estimates, Post Typical Renovation
Market Activity
Estimated value
$200K
$9.9K over comp median
Comparative Market Analysis
$143K – $225K
~87 days to sell
Based on 8 comps
3426 Carr Ave, Indianapolis Investment Report: Flip & Rental Analysis · Frontflip