362 N 14th 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 362 N 14th Ave, Beech Grove, IN, 46107 listed at $289,900 pairs $2,038/mo rent with a $1,419/mo payment to leave $298/mo cash flow. Total monthly income runs $2,038/mo, and annual cash flow reaches $3,572/yr on $96,102 cash to close. Return on cash invested measures 23.63% in year one, and rental yield registers 8.44% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 122.54% and total cumulative return in cash totals $117,765. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,038/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
7,840 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: Ted Durlacher • Epique Inc
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22050992