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2830 Country Estates Dr, Indianapolis Investment Report: Flip & Rental Analysis · Frontflip
18
Value up to $220K, Rent at $1,433
Updated 2 days ago • 5 new comps
Your Investment Paths
Turnkey Rental
This property offers promising rental potential within the 46227 area. Based on current market data, you can expect a monthly income ranging from 1,290 to 1,498 dollars, providing a solid foundation for your investment strategy. With an estimated rental yield of 13.38%, this townhome stands out as a highly attractive opportunity. Leveraging these market-rate figures allows for a more accurate financial outlook than relying solely on individual property valuations.
More about this home
Neighborhood Assessment
Country Estates in Indianapolis is a laid-back spot with convenience nailed down—think easy access to shopping, schools, and places to eat, all without the city hustle. The area feels friendly and a little tucked away, ideal for folks who prefer quieter streets but still want to be near everything. Recent sales on the block hover from $98K to $125K, making it a solid pick for value-conscious buyers. Schools are a bit hit or miss, with elementary and high schools rated 4/10 but the nearby 6th-grade academy scoring a 6. Walkability is moderate; you can grab groceries or a bite within a couple miles, and there's a neighborhood pool. Most homes—including this 2-bed, 2-bath unit—offer classic layouts, some updates, and low outdoor maintenance, which buyers and renters both love.
Market Activity
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Rental Income
$17K
Yield
13.4%
Year 1 Estimates
Fix-and-Flip
Refreshing your space is a fantastic way to capture attention and elevate your lifestyle. Updated finishes boost your price per square foot from 116 dollars to 117 dollars, an increase of nearly one percent, helping your home shine. Choosing modern upgrades creates a more inviting atmosphere that attracts quality residents, supporting rent potential up to 1525 dollars. This path is a great way to personalize your home while keeping your asset competitive and fresh.
Value Add
$1K
Post Typical Renovation
Buy-Rehab-Rent
This townhome offers solid rental potential with a projected monthly income of $1,335. A post-renovation value between $119,000 and $131,000 provides a stable foundation, though the modest price appreciation suggests focusing primarily on consistent cash flow. With a 12.8% yield, this property serves as a reliable income-generating asset. The stable rental market and predictable returns make this a practical choice for investors prioritizing steady performance over aggressive equity growth through rapid price appreciation.
Rental Income
$16K
Yield
12.8%
Year 1 Estimates, Post Typical Renovation
Estimated value
$125K
$95K below comp median
Comparative Market Analysis
$148K – $355K
~406 days to sell
Based on 8 comps