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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% |
Investment property for sale in Indianapolis at 724 E Beecher St, Indianapolis, IN, 46203 uses $39,747 cash to close to unlock $2,209/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $904/mo, and a $587/mo payment keeps the spread at $184/mo. Purchase price stands at $119,900, and rental yield measures 9.05% with $904/mo rent. Return on cash invested shows 25.47% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 132.51% and total cumulative return in cash records $52,668. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $904/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,183 (100%) |
| Owner Occupied HU | 8,432 (46.4%) |
| Renter Occupied HU | 7,696 (42.3%) |
| Vacant Housing Units | 2,055 (11.3%) |
| Median Home Value | $189,972 |
| Average Home Value | $247,147 |
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
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: Brian Pachciarz • Estansion Group by BLP
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22023250
