1012 Hudson Bay DrGreenwoodIN46142
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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 Greenwood at 1012 Hudson Bay Dr, Greenwood, IN, 46142 priced at $487,800 pairs $3,461/mo rent with $493/mo cash flow after a $2,388/mo payment. Total monthly income equals $3,461/mo, and annual cash flow comes to $5,910/yr on $161,706 invested. Return on cash invested is 23.56% in year one, and rental yield stands at 8.51% on a $487,800 basis. Equity gained on principal adds $3,148/yr, and 5% annual appreciation accumulates to $134,770 by year five. Five-year ROI measures 122.31% and total cumulative return in cash reaches $197,789. For financing, Ziffy Mortgage’s DSCR program evaluates $3,461/mo property income against a $2,388/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1988
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46142, Greenwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,586 (100%) |
| Owner Occupied HU | 9,473 (69.7%) |
| Renter Occupied HU | 3,549 (26.1%) |
| Vacant Housing Units | 564 ( 4.2%) |
| Median Home Value | $294,337 |
| Average Home Value | $318,882 |
Housing Distribution
Address Breakdown
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
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