1048 Waterford 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
Investment property for sale in Greenwood at 1048 Waterford Dr, Greenwood, IN, 46142 earns $246/mo cash flow from $1,980/mo rent with a $1,414/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $2,950/yr on $95,770 capital. ROI tracks 22.99% on current figures, and rental yield reads 8.22% at a $288,900 purchase. Equity gained on principal adds $1,864/yr, and 5% annual appreciation supports $79,818 over five years. Five-year ROI reaches 119.1% and total cumulative return in cash sums $114,067. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 1977
0.35 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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