1530 Green Spring WayGreenwoodIN46143
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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 Greenwood at 1530 Green Spring Way, Greenwood, IN, 46143 uses $75,251 cash to close to unlock $7,786/yr annual cash flow and $649/mo monthly cash flow. Total monthly income runs $2,029/mo, and a $1,111/mo payment keeps the spread at $649/mo. Purchase price stands at $227,000, and rental yield measures 10.73% with $2,029/mo rent. Return on cash invested shows 30.26% in year one, and 5% annual appreciation builds toward $62,716 over five years. Five-year ROI reaches 158.19% and total cumulative return in cash records $119,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,029/mo property income covering a $1,111/mo payment rather than investor’s personal income.
Single Family
Built in 1998
10,454 sqft lot
$N/A/sqft
$200 annually HOA
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Nearby investment properties with comparable prices
Listed by: Shelby Farrar • Opendoor Brokerage LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21989544
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