1117 Byland Dr, Beech Grove, IN, 46107 | $461/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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1117 Byland Dr, Beech Grove, IN, 46107 | $461/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 1117 Byland Dr, Beech Grove, IN, 46107 earns $461/mo cash flow from $2,382/mo rent with a $1,566/mo payment. Total monthly income totals $2,382/mo, and annual cash flow totals $5,537/yr on $106,047 capital. ROI tracks 25.13% on current figures, and rental yield reads 8.94% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 130.61% and total cumulative return in cash sums $138,512. 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 1958

8,276 sqft lot

$N/A/sqft

No HOA

More details about the property

Tucked away at 1117 Byland DR, BEECHGROVE, IN, all nestled comfortably in, looking absolutely fabulous, this single-family residence is not just a house; it's a total treasure ready to be called home, OR to continue the current operations of this TURNKEY PERFORMING airbnb which is currently operating as TWO UNITS under ONE roof to add to your growing portfolio! Picture yourself whipping up culinary masterpieces in a kitchen designed to spark joy: the stone countertops offer a luxurious feel, while the backsplash adds a playful splash of style, and the large kitchen island practically begs for friends to gather 'round. The wall chimney range hood stands ready to whisk away any evidence of your delicious experiments, and the kitchen bar is just perfect for perching with a morning coffee or evening cocktail. The living room is guaranteed to be the backdrop for countless cozy evenings with its gorgeous fireplace, ready to crackle and warm your toes on chilly nights. Imagine sinking into plush cushions with a good book, the firelight dancing on the walls, in your very own peaceful haven. The bathrooms are pure pampering perfection, offering plenty of space for morning routines or evening unwinding. What a way to start or end your day! With a porch and outdoor living space plus a patio, this property offers a delightful transition to the great outdoors. With five bedrooms and two full bathrooms, plus a half bathroom, this property is more than meets the eye! Seize the opportunity to own this gem, offering a life of comfort and style in a single-family residence that's simply irresistible.

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