1009 Eastcrest DrGreentownIN46936
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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 Greentown at 1009 Eastcrest Dr, Greentown, IN, 46936 generates $1,399/mo in rent and, after a $857/mo payment, leaves $348/mo in cash flow. Total monthly income is $1,399/mo, and annual cash flow is $4,176/yr on $58,013 invested. Return on cash invested sits at 27.11% in year one, and rental yield is 9.59% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 141.29% and total cumulative return in cash sums $81,967. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,399/mo property income rather than buyer’s personal income.
Single Family
Built in 1966
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,565 (100%) |
| Owner Occupied HU | 2,035 (79.3%) |
| Renter Occupied HU | 343 (13.4%) |
| Vacant Housing Units | 187 ( 7.3%) |
| Median Home Value | $245,673 |
| Average Home Value | $260,048 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
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