1179 Ridge AveGreendaleIN47025
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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 Greendale at 1179 Ridge Ave, Greendale, IN, 47025 listed at $349,000 pairs $1,655/mo rent with a $1,708/mo payment. Total monthly income runs $1,655/mo. Return on cash invested measures 15.35% in year one, and rental yield registers 5.69% at a $349,000 basis. Equity gained on principal adds $2,252/yr, and annual property appreciation at 5% supports $96,422 by year five. Five-year ROI tracks 78.17% and total cumulative return in cash totals $90,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,655/mo property income relative to a $1,708/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1948
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Housing Distribution
Address Breakdown
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
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