728 E Beecher StIndianapolisIN46203
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
Investment Highlights
Rental property for sale in Indianapolis at 728 E Beecher St, Indianapolis, IN, 46203 priced at $184,500 pairs $1,908/mo rent with $801/mo cash flow after a $903/mo payment. Total monthly income equals $1,908/mo, and annual cash flow comes to $9,606/yr on $61,162 invested. Return on cash invested is 35.62% in year one, and rental yield stands at 12.41% on a $184,500 basis. Equity gained on principal adds $1,191/yr, and 5% annual appreciation accumulates to $50,974 by year five. Five-year ROI measures 186.84% and total cumulative return in cash reaches $114,278. For financing, Ziffy Mortgage’s DSCR program evaluates $1,908/mo property income against a $903/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46203, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
16,323
Single Family
15,372
Multi-Family
951
Businesses
1,194
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Nearby investment properties with comparable prices
Listed by: Sara Thacker • eXp Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #21998849