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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Greencastle at 111 S Spring St APT 106, Greencastle, IN, 46135 earns $120/mo cash flow from $1,500/mo rent with a $881/mo payment. Total monthly income totals $1,500/mo, and annual cash flow totals $1,435/yr on $59,637 capital. ROI tracks 22.32% on current figures, and rental yield reads 10.01% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 117.71% and total cumulative return in cash sums $70,197. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,500/mo property income instead of your personal income.
Condo
Built in 1997
N/A lot
$N/A/sqft
$300 monthly HOA
Neighborhood data shown for ZIP Code: 46135, Greencastle, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,718 (100%) |
| Owner Occupied HU | 4,723 (61.2%) |
| Renter Occupied HU | 2,134 (27.6%) |
| Vacant Housing Units | 861 (11.2%) |
| Median Home Value | $218,134 |
| Average Home Value | $263,076 |
Residential
7,144
Single Family
6,852
Multi-Family
292
Businesses
650
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Listed for sale | $179,900 |
| 2024-11-20 | Sold | $165,000 |
| 2024-10-31 | Pending sale | $169,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-28 | $703.00 | -1.05% | $92,400 | N/A |
| 2023-07-28 | $710.48 | 3.74% | $92,400 | N/A |
| 2022-07-28 | $684.88 | -3.83% | $92,400 | N/A |
What's Special
Access Only,Pull Down Stairs
Listed by: Eric Wolfe • Prime Real Estate ERA Powered
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22052676
Disclaimer: Based on information submitted to the MLS GRID as of 2025-07-28 07:43:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
