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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Greendale at 1530 Nowlin Ave UNIT 403, Greendale, IN, 47025 listed at $310,000 pairs $2,680/mo rent with a $1,517/mo payment to leave $819/mo cash flow. Total monthly income runs $2,680/mo, and annual cash flow reaches $9,833/yr on $102,765 cash to close. Return on cash invested measures 29.48% in year one, and rental yield registers 10.37% at a $310,000 basis. Equity gained on principal adds $2,000/yr, and annual property appreciation at 5% supports $85,647 by year five. Five-year ROI tracks 153.92% and total cumulative return in cash totals $158,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,680/mo property income relative to a $1,517/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2005
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
Date | Event | Price |
|---|---|---|
| 2024-09-14 | Price change | $310,000 |
| 2024-07-06 | Listed for sale | $330,000 |
| 2020-03-24 | Listing removed | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-17 | $1517.00 | 14.66% | $152,500 | 0.53% |
| 2022-10-17 | $1323.00 | 0.39% | $151,700 | 14.66% |
| 2021-10-17 | $1317.82 | 20.00% | $132,300 | -5.70% |
Listed by: Joan E. Hittinger • Keller Williams River Town
Mls Name: SEIBR
Mls ID: #203700
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
