The Sodalis
Single Family
3
3
2027
Sqft
2012
$290,000
Purchase Price
$1,775
Rent / Mo
0%
Property Leverage
How Are Monthly Dividends Determined for The Sodalis?
Properties start paying dividends once they start generating income and may vary month to month. The monthly dividend is determined by analyzing several factors, including rental status, the amount of cash in the property's reserves, last quarter's cash flow, projected expenses, and lease renewal timing. For more information on why dividends may be increased, decreased or paused, please see our detailed FAQ. The rental history and dividend payments for each property can be found on the performance tab.
About
The Sodalis is a gorgeous move in ready home in Camby! The main level features laminate flooring, crown molding, a spacious living room open to dining room. The home has lots of cabinet space in kitchen with island and breakfast bar. The upper level of the home features 3 bedrooms, including a massive owner's suite. The primary restroom dual vanity, garden tub, separate shower and enormous walk in closet, this space has everything you need. Outside relax or entertain in the fully fenced in back yard, complete with extended patio, fireplace and hot tub. This is a great place to call home.
Tenant Leasing Process
The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.
Rented
Rental Status
This property is eligible to start receiving dividends after its first lease is signed.
The Market
Indianapolis, IN
Indianapolis, a mid-western city, colloquially known as “Indy”. Home to the Indy 500, major league baseball, and plenty of economic growth opportunities. In the last several years, Indianapolis has seen job growth and retention in life sciences, technology and e-commerce, and manufacturing. Hosting several universities, the city has both attracted and retained college graduates due to job opportunities, easy access to recreational outdoor activities, and the lively professional sports scene. Fun Fact: Indy is the only major city that’s located on an unnavigable river - the water is too shallow for boats to travel on!
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100%
Funded
672
Investors
$337,030
Invested