OfferMarket

494 S Exeter Ave, Indianapolis, IN 46241, USA

$109,900

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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL

494 S Exeter Ave hits that sweet spot Indiana investors dream about: an affordable home with clear flip upside and dependable cash-flow if held. Its location in a busy investment corridor, coupled with easy access, rental demand, and strong comparables, makes this a property with flexibility and upside. It’s exactly the kind of hands-on investment that allows you to choose your path—flip for profit or hold for steady return.

Property Details/Condition:

  • Bedroom: 2

  • Bathroom: 1

  • Building Size: 945

  • Occupancy:  Owner Occupied

  • GREAT SHAPE

Mechanicals

  • AC: 3 Years

  • Furnace: 3 Years

  • HWH: 3 Years

  • Roof: 8 Years

Key Considerations

  • Below-Market Acquisition Opportunity – Priced under ARV comps with room for value enhancement.

  • Solid Rent Base – Rental estimate over $1,100/month supports healthy cash flow.

  • Rapid Investor Activity – Wayne Township consistent with fast flips and rentals; active listings signal investor demand.

  • Strong Local Cap Rates – With 6–9% typical yields and room for 9–11%, this aligns with top-performing Indy investments.

Resources:

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