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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 714 Killian Dr, Beech Grove, IN, 46107 priced at $215,000 converts $1,500/mo rent into $210/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,500/mo, and annual cash flow totals $2,517/yr on $71,273 invested. Return on cash invested prints 23.44% in year one, and rental yield reads 8.37% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 121.53% and total cumulative return in cash sums $86,617. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,500/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1958
8,276 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: Kelly DeSchryver • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22060104
