1602 W Plantation Row, Greenfield, IN, 46140 | 4.65% Rental Yield

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1602 W Plantation Row, Greenfield, IN, 46140 | 4.65% Rental Yield | 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

Total monthly income runs $2,034/mo, and a $2,570/mo payment. Purchase price stands at $525,000, and rental yield measures 4.65% with $2,034/mo rent. Return on cash invested shows 12.29% in year one, and 5% annual appreciation builds toward $145,048 over five years. Five-year ROI reaches 61.75% and total cumulative return in cash records $106,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $2,570/mo payment rather than investor’s personal income.

Single Family

Built in 1996

1.74 Acres lot

$N/A/sqft

No HOA

More details about the property

Well cared for 3-bedroom, 2-bath home in Hancock County nestled on a wooded estate lot with private setting surrounded by mature trees in established neighborhood on Sugar Creek! Property also has access to 3/4 acre pond. This one-owner home presents a canvas ready to be transformed into your home! Inviting front porch from the moment you make your way up the shared private drive. Spacious Great Room with vaulted ceilings and gas fireplace with access to the newly stained deck. The Master Suite is located at the opposite side of the home from the other bedrooms that provides a large Master bath and walk in closet with access to the deck. Open kitchen with stainless appliances included and counter that serves as an additional eating area open to the Dining Room. The full walk out basement is perfect for entertaining or family gatherings with ample storage, an additional room that could be utilized as an office, another bedroom, or craft room. Workshop off of the 2-car attached garage. Double shed in the rear-one side with window AC Unit. This Greenfield property represents a wonderful opportunity to establish roots and craft a home that reflects your personal style.**Showings by appointment only. **Hot tub and pool table are negotiable. Original drawings upon request.

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