$239,900-β$259,900
Purchase Price
$1,900-β$2,100
Rental Income
6.2%-β6.4%
Cap Rate
$172-β$239
Cash Flow / mo
3
Bedrooms
2.5
Bathrooms
1,467-β1,832
Square Feet
2026
Year Built
B+
Neighborhood
31%-β32%
Est. Expenses
HOMES COME WITH: Microwave, smooth stove, dishwasher, Washer, Dryer andΒ Fridge,Β (these last three may deliver after the home is closed) for Canal Square.
Oakhill Floor Plan
Investment Highlights
- Open-Concept Layout β Spacious Great Room with patio access off the dining nook, creating strong tenant appeal and functional living space.
- 3-Bedroom Configuration β Ideal bedroom count for families, roommates, or work-from-home tenants, supporting consistent rental demand.
- Ownerβs Suite with Walk-In Closet β Desirable primary suite layout enhances marketability and tenant retention.
- 2 Full Baths with Private Vanity Area β Functional bathroom design adds convenience and livability for multi-occupant households.
- Main-Level Laundry β Located just off the garage for practical day-to-day use β a feature tenants consistently value.
- 2-Story Foyer β Adds visual appeal and perceived value without significantly increasing maintenance costs.
Why This Layout Rents Well
- Efficient floor plan with minimal wasted space
- Strong appeal to long-term tenants (families and professionals)
- Balanced bedroom-to-bath ratio for flexibility
- Functional design supporting sustainable rent levels
Villager Floor Plan
Investment Highlights
- Open-Concept Great Room with patio access off the dining nook β highly desirable layout that enhances tenant appeal and livability.
- Kitchen Island with Breakfast Bar & Walk-In Pantry β Modern kitchen features that consistently drive stronger rents and tenant retention.
- 3 Bedrooms β All with Walk-In Closets β Excellent storage throughout, a major factor for families and long-term renters.
- Upstairs Laundry β Convenient location near bedrooms, improving day-to-day functionality for tenants.
- 2-Story Foyer β Creates an open, high-end feel that increases perceived value without adding operational complexity.
Why This Layout Performs Well as a Rental
- Strong 3-bedroom configuration supports broad tenant demand
- Functional storage throughout reduces tenant turnover
- Open living space enhances show-ability and lease-up speed
- Design appeals to both families and professional renters
Canal Square is an exclusive 39-unit attached townhome (duplex-style) community offering low-maintenance, carefree homeownership on approximately four acres in New Haven, Indiana.
Ideally positioned at the southeast corner of Green Road and Moeller Road, the community provides convenient access to major routes while maintaining a quiet residential setting.
Directions:
Take State Road 930 East and stay left. Head south on Green Road and continue to the corner of Moeller Road, where Canal Square is prominently located. The community entrance is on Green Road.
Why This Location Works for Investors
- Limited 39-unit development supports controlled supply
- Easy access to State Road 930 and surrounding employment corridors
- Low-maintenance townhome product appeals to long-term tenants
- Strong visibility and accessibility within a growing submarket
Site Plans & Exhibits