5822 Beacon Cove PlIndianapolisIN46237
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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 5822 Beacon Cove Pl, Indianapolis, IN, 46237 generates $1,643/mo in rent and, after a $865/mo payment, leaves $313/mo in cash flow. Total monthly income is $1,643/mo, and annual cash flow is $3,756/yr on $58,609 invested. Return on cash invested sits at 26.32% in year one, and rental yield is 11.15% on a $176,800 entry. Equity gained on principal adds $1,141/yr, while 5% annual appreciation builds toward $48,847 over five years. Five-year ROI reaches 139.06% and total cumulative return in cash sums $81,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,643/mo property income rather than buyer’s personal income.
Condo
Built in 2001
871 sqft lot
$N/A/sqft
$170 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46237, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,819 (100%) |
| Owner Occupied HU | 11,929 (66.9%) |
| Renter Occupied HU | 5,146 (28.9%) |
| Vacant Housing Units | 744 ( 4.2%) |
| Median Home Value | $265,823 |
| Average Home Value | $289,079 |
Housing Distribution
Address Breakdown
Residential
18,118
Single Family
15,933
Multi-Family
2,185
Businesses
626
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