128 W High St, Greentown, IN, 46936 | $598/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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128 W High St, Greentown, IN, 46936 | $598/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Greentown at 128 W High St, Greentown, IN, 46936 offers a 12.86% rental yield on a $127,000 purchase with $1,361/mo rent. Total monthly income registers $1,361/mo, and a $622/mo payment leaves $598/mo available for distribution. Annual cash flow reaches $7,179/yr on $42,101 to close, and return on cash invested stands at 36.96% in year one. Equity gained on principal adds $820/yr while 5% annual appreciation supports $35,088 over five years. Portfolio math shows five-year ROI at 194.16% and total cumulative return in cash at $81,741. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $622/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1971

0.36 Acres lot

$N/A/sqft

No HOA

More details about the property

So many possibilities offer with this three bedroom one bath ranch style home!! Located on quiet street on the edge of Greentown, Features include a .36 acre lot with large storage shed. Spacious living room leading to spacious kitchen, patio doors leading to deck over looking back yard. Attached garage, three bedrooms with ample storage space, Covered front porch awaits your arrival. Status IE

Neighborhood Data

Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,565 (100%)
Owner Occupied HU	2,035 (79.3%)
Renter Occupied HU	343 (13.4%)
Vacant Housing Units	187 ( 7.3%)
Median Home Value	$245,673
Average Home Value	$260,048