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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 306 N 18th Ave, Beech Grove, IN, 46107 generates $1,610/mo in rent, after a $1,346/mo payment. Total monthly income is $1,610/mo. Return on cash invested sits at 19.39% in year one, and rental yield is 7.03% on a $274,900 entry. Equity gained on principal adds $1,774/yr, while 5% annual appreciation builds toward $75,950 over five years. Five-year ROI reaches 99.83% and total cumulative return in cash sums $90,975. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1944
5,227 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: Jeremy Sandlin • F.C. Tucker Company
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075543
