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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 243 N 5th Ave, Beech Grove, IN, 46107 generates $2,382/mo in rent and, after a $1,346/mo payment, leaves $731/mo in cash flow. Total monthly income is $2,382/mo, and annual cash flow is $8,775/yr on $91,163 invested. Return on cash invested sits at 29.53% in year one, and rental yield is 10.39% on a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 154.25% and total cumulative return in cash sums $140,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,382/mo property income rather than buyer’s personal income.
Multi Family
Built in 2025
6,969 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Matthew Jones • The Modglin Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075180
