1005 Main St, Beech Grove, IN, 46107 | $281/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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1005 Main St, Beech Grove, IN, 46107 | $281/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Beech Grove at 1005 Main St, Beech Grove, IN, 46107 earns $281/mo cash flow from $2,382/mo rent with a $1,713/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $3,373/yr on $116,025 capital. ROI tracks 22.82% on current figures, and rental yield reads 8.17% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 118.22% and total cumulative return in cash sums $137,162. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,382/mo property income instead of your personal income.

Single Family

Built in 1922

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this spacious and lovely Craftsman-style home in Beech Grove. Explore this home via interactive 3D home tour, complete with floor plans, video & more. A welcoming covered front porch-complete with brick detailing and a cozy swing. Beautifully preserved hardwood floors throughout the main and second level, contemporary living room featuring a fireplace, built-in bookshelves, and french doors. The formal dining room offers custom built-ins and window ledge. Nestled in the kitchen is a cozy built-in breakfast nook with custom bench seating. Full Basement offers separate living space with a large bonus room plus walk-in closet, full kitchen, full bath, and plenty of space for storage. Enter the basement from the interior of the home or outside of the home offering a separate exterior entrance. Attractively landscaped rear yard with a deck, 2-car detached garage, extra concrete parking pad for two more vehicles, plus a storage shed.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46107, Beech Grove, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,159 (100%)
Owner Occupied HU	3,514 (57.1%)
Renter Occupied HU	2,355 (38.2%)
Vacant Housing Units	290 ( 4.7%)
Median Home Value	$203,816
Average Home Value	$235,733