141 N 6th AveBeech GroveIN46107
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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
Investment Highlights
Investment property for sale in Beech Grove at 141 N 6th Ave, Beech Grove, IN, 46107 earns $231/mo cash flow from $1,116/mo rent with a $722/mo payment. Total monthly income totals $1,116/mo, and annual cash flow totals $2,766/yr on $48,896 capital. ROI tracks 25.57% on current figures, and rental yield reads 9.08% at a $147,500 purchase. Equity gained on principal adds $952/yr, and 5% annual appreciation supports $40,752 over five years. Five-year ROI reaches 132.97% and total cumulative return in cash sums $65,017. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,116/mo property income instead of your personal income.
Single Family
Built in 1955
5,227 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,707
Single Family
4,805
Multi-Family
902
Businesses
336
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Listed by: Tasheana Hanza • Hanza Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067624