128 W High StGreentownIN46936
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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 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
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 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
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