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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Beech Grove at 1032 Rotherham Ln, Beech Grove, IN, 46107 offers $1,500/mo rent that, after a $1,297/mo payment. Total monthly income is $1,500/mo. Return on cash invested measures 18.18% in year one, and rental yield stands at 6.8% at a $264,900 entry. Equity gained on principal adds $1,709/yr while 5% annual appreciation compounds into $73,187 by year five. Five-year ROI records 93.52% and total cumulative return in cash reaches $82,124. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,500/mo property income versus a $1,297/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
5,227 sqft lot
$N/A/sqft
$195 annually HOA
Neighborhood data shown for ZIP Code: 46107, Beech Grove, IN area.
| 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 |
Residential
5,707
Single Family
4,805
Multi-Family
902
Businesses
336
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $264,900 |
| 2025-01-28 | Sold | $176,400 |
| 2023-04-06 | Sold | $230,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-14 | $2431.02 | 23.76% | $191,300 | 10.13% |
| 2022-03-14 | $1964.32 | 9.54% | $173,700 | 17.76% |
| 2021-03-14 | $1793.24 | 12.93% | $147,500 | 3.29% |
What's Special
Access Only
Listed by: Ryan Hendren • RE/MAX Advanced Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22026647
Disclaimer: Based on information submitted to the MLS GRID as of 2025-03-14 08:03:19 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
