10930 Baker RoadGreenvilleIN47124
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play10930 Baker Road, Greenville, IN, 47124 in Greenville is priced for appreciation, not yield. Rental yield 4.44%. At $775,000 with a 4.44% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $214,118 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.82) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $178,518.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.4% | 6.0% |
| Monthly Cash Flow | $(1,783) | $150 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,869 |
| Total Monthly Debt Service | $4,344 |
| DSCR Ratio | 0.66x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1988
6.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
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
Single Family
Built in 1988
6.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Diane Thomas • Coldwell Banker McMahan
Mls Name: SIRA
Mls Provider:
Mls ID: #202507827
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.