1049 Bumblebee WayGreenfieldIN46140
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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 Greenfield at 1049 Bumblebee Way, Greenfield, IN, 46140 offers a 9.43% rental yield on a $258,900 purchase with $2,034/mo rent. Total monthly income registers $2,034/mo, and a $1,267/mo payment leaves $480/mo available for distribution. Annual cash flow reaches $5,761/yr on $85,825 to close, and return on cash invested stands at 26.62% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,529 over five years. Portfolio math shows five-year ROI at 138.64% and total cumulative return in cash at $118,988. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,034/mo property income against a $1,267/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,331 (100%) |
| Owner Occupied HU | 13,943 (72.1%) |
| Renter Occupied HU | 4,652 (24.1%) |
| Vacant Housing Units | 736 ( 3.8%) |
| Median Home Value | $256,982 |
| Average Home Value | $292,372 |
Housing Distribution
Address Breakdown
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
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Listed by: Steve Sanford • RE/MAX Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22081030