139 S 2nd Ave, Beech Grove, IN, 46107 | $299/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

139 S 2nd Ave, Beech Grove, IN, 46107 | $299/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1200 sft

949 Old Valley Dr, Greenwood, IN, 46143

3 Bed
1 Bath
957 sft

676 Nelson Dr, Mooresville, IN, 46158

3 Bed
1 Bath
1179 sft

669 N Mulberry St, Martinsville, IN, 46151

2 Bed
1 Bath
988 sft

705 Hanover Dr, New Whiteland, IN, 46184

Nearby investment properties with comparable prices

2 Bed
1 Bath
960 sft

2822 Country Estates Dr, Indianapolis, IN, 46227

Investment Property+ 1 more

2 Bed
2 Bath
912 sft

1280 Odell Ln, Greenwood, IN, 46143

4 Bed
3 Bath
2486 sft

5670 W Mooresville Rd, Indianapolis, IN, 46221

2 Bed
1 Bath
870 sft

1517 E Markwood Ave, Indianapolis, IN, 46227

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Beech Grove at 139 S 2nd Ave, Beech Grove, IN, 46107 offers a 10.72% rental yield on a $160,000 purchase with $1,429/mo rent. Total monthly income registers $1,429/mo, and a $783/mo payment leaves $299/mo available for distribution. Annual cash flow reaches $3,589/yr on $53,040 to close, and return on cash invested stands at 26.68% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 140.36% and total cumulative return in cash at $74,450. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,429/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

A feeling of warmth and comfort when you walk into this well constructed, modernly updated home. The warmth of the wood is a great way to sit and relax after those long hectic days at work. Great storage areas!

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