17 Center St, Greenfield, IN, 46140 | $806/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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17 Center St, Greenfield, IN, 46140 | $806/mo Cash Flow | Ziffy

For Sale

Listed for sale 5 days ago

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 Greenfield at 17 Center St, Greenfield, IN, 46140 uses $67,792 cash to close to unlock $9,676/yr annual cash flow and $806/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,001/mo payment keeps the spread at $806/mo. Purchase price stands at $204,500, and rental yield measures 11.94% with $2,034/mo rent. Return on cash invested shows 34.18% in year one, and 5% annual appreciation builds toward $56,500 over five years. Five-year ROI reaches 179.18% and total cumulative return in cash records $121,469. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,001/mo payment rather than investor’s personal income.

Single Family

Built in 1900

9,583 sqft lot

$N/A/sqft

No HOA

More details about the property

Step inside this 3-bedroom home in the heart of Greenfield, featuring original hardwood floors throughout. The living room opens to the centrally located kitchen, creating an easy, functional layout. Just off the kitchen, step down into a spacious family room, perfect for relaxing or entertaining. Down the hallway, you'll find three bedrooms and a full bathroom. From the family room, walk out the back door onto the deck overlooking the fully fenced backyard, complete with a two-car detached garage. Ideally located near downtown Greenfield, with a wide selection of dining and shopping just minutes away.

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