1760 Grindstone Ct, Greenfield, IN, 46140 | $126/mo Cash Flow

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1760 Grindstone Ct, Greenfield, IN, 46140 | $126/mo Cash Flow | 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 Greenfield at 1760 Grindstone Ct, Greenfield, IN, 46140 listed at $249,900 pairs $1,626/mo rent with a $1,223/mo payment to leave $126/mo cash flow. Total monthly income runs $1,626/mo, and annual cash flow reaches $1,512/yr on $82,842 cash to close. Return on cash invested measures 21.73% in year one, and rental yield registers 7.81% 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 112.45% and total cumulative return in cash totals $93,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,626/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Townhouse

Built in 2005

6,608 sqft lot

$N/A/sqft

No HOA

More details about the property

Amazing condo located in Fieldstone Subdivision in Greenfield. This two bedroom condo features a spacious primary suite with a large walk in closet. The kitchen has good prep space, a pantry and all the appliances stay including the washer and dryer. Just off the kitchen is a separate dining room. The large living room is a great place to relax or entertain. There is a two car attached garage. Built in 2005, this single-story home offers the convenience of modern living with the charm of a well-established neighborhood.

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