1351 Byron StGreenfieldIN46140
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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 Greenfield at 1351 Byron St, Greenfield, IN, 46140 generates $2,681/mo in rent and, after a $1,648/mo payment, leaves $660/mo in cash flow. Total monthly income is $2,681/mo, and annual cash flow is $7,918/yr on $111,616 invested. Return on cash invested sits at 27% in year one, and rental yield is 9.56% on a $336,700 entry. Equity gained on principal adds $2,173/yr, while 5% annual appreciation builds toward $93,024 over five years. Five-year ROI reaches 140.64% and total cumulative return in cash sums $156,974. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,681/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,331 (100%) |
| Owner Occupied HU | 13,943 (72.1%) |
| Renter Occupied HU | 4,652 (24.1%) |
| Vacant Housing Units | 736 ( 3.8%) |
| Median Home Value | $256,982 |
| Average Home Value | $292,372 |
Housing Distribution
Address Breakdown
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
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Listed by: N/A • N/A
Mls Name: Zillow Rentals
Mls ID: #N/A