








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 Greenfield at 1742 Hemlock Cir, Greenfield, IN, 46140 uses $127,626 cash to close to unlock $1,768/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $2,458/mo, and a $1,884/mo payment keeps the spread at $147/mo. Purchase price stands at $384,995, and rental yield measures 7.66% with $2,458/mo rent. Return on cash invested shows 21.29% in year one, and 5% annual appreciation builds toward $106,367 over five years. Five-year ROI reaches 110.04% and total cumulative return in cash records $140,445. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,458/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2025
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
| 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 |
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22067127