260 E Beecher StIndianapolisIN46225
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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
Rental property for sale in Indianapolis at 260 E Beecher St, Indianapolis, IN, 46225 offers $1,992/mo rent that, after a $1,415/mo payment, leaves $257/mo cash flow. Total monthly income is $1,992/mo, and annual cash flow is $3,080/yr on $95,804 cash. Return on cash invested measures 23.12% in year one, and rental yield stands at 8.27% at a $289,000 entry. Equity gained on principal adds $1,865/yr while 5% annual appreciation compounds into $79,845 by year five. Five-year ROI records 119.86% and total cumulative return in cash reaches $114,830. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,992/mo property income versus a $1,415/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46225, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,209 (100%) |
| Owner Occupied HU | 1,243 (38.7%) |
| Renter Occupied HU | 1,373 (42.8%) |
| Vacant Housing Units | 593 (18.5%) |
| Median Home Value | $163,267 |
| Average Home Value | $214,771 |
Housing Distribution
Address Breakdown
Residential
3,085
Single Family
2,661
Multi-Family
424
Businesses
504
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Listed by: Chris Price • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079393