117 Grant StGreenfieldIN46140
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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
Rental property for sale in Greenfield at 117 Grant St, Greenfield, IN, 46140 offers $3,323/mo rent that, after a $2,548/mo payment, leaves $198/mo cash flow. Total monthly income is $3,323/mo, and annual cash flow is $2,377/yr on $171,245 cash. Return on cash invested measures 21.45% in year one, and rental yield stands at 7.66% at a $520,500 entry. Equity gained on principal adds $3,359/yr while 5% annual appreciation compounds into $143,805 by year five. Five-year ROI records 110.84% and total cumulative return in cash reaches $189,804. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,323/mo property income versus a $2,548/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
1 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: N/A • N/A
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