1667 W Freedom St, Greensburg, IN, 47240 | 6.63% Rental Yield

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1667 W Freedom St, Greensburg, IN, 47240 | 6.63% 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

Investment property for sale in Greensburg at 1667 W Freedom St, Greensburg, IN, 47240 listed at $249,900 pairs $1,380/mo rent with a $1,223/mo payment. Total monthly income runs $1,380/mo. Return on cash invested measures 18.17% in year one, and rental yield registers 6.63% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 93.33% and total cumulative return in cash totals $77,318. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,380/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2005

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled at 1667 W Freedom ST, GREENSBURG, IN, this single-family residence in Decatur County presents an opportunity to own a singles story home in Vandalia Hills Subdivision. This home offers three bedrooms with personal space for rest and rejuvenation, complemented by two full bathrooms designed for both convenience and privacy. The 1300 square feet of living area provides a cozy atmosphere for everyday living. The property includes a lot area of 7600 sqft with a newer above ground pool with beautiful rock landscaping, multi-level decks, and patio all in a private setting with full back yard fence. Constructed in 2005, this home combines modern construction in a well-established setting. Additional updates include Kohler faucets in kitchen and baths, new toilets, and vanities, new light fixtures and ceiling fans. An additional outside faucet on the rear of the house was recently installed as well. This property offers a blend of indoor comfort and outdoor potential, creating an inviting place to call home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47240, Greensburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,772 (100%)
Owner Occupied HU	6,364 (65.1%)
Renter Occupied HU	2,547 (26.1%)
Vacant Housing Units	861 ( 8.8%)
Median Home Value	$230,944
Average Home Value	$267,973