62 N 13th Ave, Beech Grove, IN, 46107 | 6.55% Rental Yield

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62 N 13th Ave, Beech Grove, IN, 46107 | 6.55% Rental Yield | 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 62 N 13th Ave, Beech Grove, IN, 46107 listed at $275,000 pairs $1,500/mo rent with a $1,346/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 17.92% in year one, and rental yield registers 6.55% at a $275,000 basis. Equity gained on principal adds $1,775/yr, and annual property appreciation at 5% supports $75,977 by year five. Five-year ROI tracks 91.98% and total cumulative return in cash totals $83,855. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1920

5,227 sqft lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 3-bedroom, 2.5-bath home in the heart of Beech Grove! This move-in ready property blends modern updates with comfortable living, offering generous indoor and outdoor spaces for everyday life and entertaining. The main level features a bright, open layout with fresh finishes, updated flooring, and a welcoming living area. The kitchen offers ample cabinet space, modern appliances, and a great flow for cooking and gathering. Upstairs, you'll find three spacious bedrooms, including a comfortable primary suite with its own private bath. The finished basement adds even more living space-perfect for a second family room, home office, workout area, or playroom. Step outside to a large, fully fenced backyard complete with a great deck-ideal for hosting, relaxing, or letting kids and pets enjoy the outdoors. With its updates, flexible layout, and prime Beech Grove location close to parks, schools, and local amenities, this home is truly a standout. Move right in and enjoy!

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