120 W Greene CourtHanoverIN47243
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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 Hanover at 120 W Greene Court, Hanover, IN, 47243 with 5% annual appreciation on a $359,900 basis while $1,388/mo rent supports operations. 14% in year one. Equity gained on principal adds $2,322/yr, and five-year appreciation sums $99,434 alongside rental yield of 4.63%. Five-year ROI measures 60.95% and total cumulative return in cash totals $72,722. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,388/mo property income versus a $1,762/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2025
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47243, Hanover, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,377 (100%) |
| Owner Occupied HU | 1,473 (62.0%) |
| Renter Occupied HU | 636 (26.8%) |
| Vacant Housing Units | 268 (11.3%) |
| Median Home Value | $218,782 |
| Average Home Value | $242,566 |
Housing Distribution
Address Breakdown
Residential
2,184
Single Family
2,153
Multi-Family
31
Businesses
96
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