410 N 20th AveBeech GroveIN46107
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 410 N 20th Ave, Beech Grove, IN, 46107 in Beech Grove. At $179,500 it earns $1,362/mo in rent and distributes $285/mo to the owner after the $807/mo payment, a consistent 9.11% yield. DSCR 1.69 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $49,593 in value; $1,653/yr in principal paydown compounds ownership stake. Total projected return: $86,291.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.1% | 6.0% |
| Monthly Cash Flow | $285 | $500 |
City averages based on Beech Grove market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,362 |
| Total Monthly Debt Service | $1,006 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1959
9,147 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Alicia Turner • Highgarden Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22050442