124 Hawthorne LnGreenwoodIN46142
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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 Greenwood at 124 Hawthorne Ln, Greenwood, IN, 46142 priced at $677,900 converts $3,107/mo rent into after a $3,318/mo obligation. Total monthly income equals $3,107/mo. Return on cash invested prints 14.88% in year one, and rental yield reads 5.5% against a $677,900 entry. Equity gained on principal adds $4,374/yr, while 5% annual appreciation compiles into $187,291 by year five. Five-year ROI reaches 75.61% and total cumulative return in cash sums $168,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,107/mo property income covering a $3,318/mo payment, not borrower’s personal income.
Single Family
Built in 1994
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46142, Greenwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,586 (100%) |
| Owner Occupied HU | 9,473 (69.7%) |
| Renter Occupied HU | 3,549 (26.1%) |
| Vacant Housing Units | 564 ( 4.2%) |
| Median Home Value | $294,337 |
| Average Home Value | $318,882 |
Housing Distribution
Address Breakdown
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
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