1152 Fleming DrGreenfieldIN46140
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
Investment Highlights
Rental property for sale in Greenfield at 1152 Fleming Dr, Greenfield, IN, 46140 priced at $302,800 converts $2,034/mo rent into $216/mo cash flow after a $1,482/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $2,597/yr on $100,378 invested. Return on cash invested prints 22.5% in year one, and rental yield reads 8.06% against a $302,800 entry. Equity gained on principal adds $1,954/yr, while 5% annual appreciation compiles into $83,658 by year five. Five-year ROI reaches 116.49% and total cumulative return in cash sums $116,931. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,482/mo payment, not borrower’s personal income.
Single Family
Built in 2024
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: DR Horton
Mls Provider:
Mls ID: #N/A