30 Gilbert St, Beech Grove, IN, 46107 | $210/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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30 Gilbert St, Beech Grove, IN, 46107 | $210/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 30 Gilbert St, Beech Grove, IN, 46107 with 5% annual appreciation on a $215,000 basis while $1,500/mo rent supports operations. Total monthly income totals $1,500/mo and a $1,052/mo payment preserves $210/mo for cash returns. Annual cash flow comes to $2,517/yr on $71,273 deployed, and return on cash invested reaches 23.44% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 8.37%. Five-year ROI measures 121.53% and total cumulative return in cash totals $86,617.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,500/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1959

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

NO HOA! FULL BASEMENT! FULLY FENCED YARD, LARGE 2-CAR GARAGE, and FULL-SIZE IN-GROUND POOL. This 3-bedroom 2 bath, all-brick home offers plenty of living and entertainment space, plus a basement with a built-in kitchen that can easily serve as a second living space, game room, or hobby space. Outside, you'll find a detached two-car garage with an extended driveway and a backyard with a finished in-ground pool. The home is close to parks, schools, local shops, and restaurants, with quick access to downtown Indianapolis.

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