1919 N 1100th Rd E, Greentown, IN, 46936 | $552/mo Cash Flow

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1919 N 1100th Rd E, Greentown, IN, 46936 | $552/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 Greentown at 1919 N 1100th Rd E, Greentown, IN, 46936 listed at $416,900 pairs $3,055/mo rent with a $2,041/mo payment to leave $552/mo cash flow. Total monthly income runs $3,055/mo, and annual cash flow reaches $6,623/yr on $138,202 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 8.79% at a $416,900 basis. Equity gained on principal adds $2,690/yr, and annual property appreciation at 5% supports $115,182 by year five. Five-year ROI tracks 128.29% and total cumulative return in cash totals $177,306. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,055/mo property income relative to a $2,041/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2003

1.12 Acres lot

$N/A/sqft

No HOA

More details about the property

Looking for peaceful country living with plenty of garage space and opportunity to save money on electricity bills? Look no further! Check out this well-maintained brick ranch, featuring a full bath with every bedroom, situated on over an acre in Eastern Schools. It boasts a detached 3-car garage/pole barn and an attached 3-car garage. Set on a 1.12-acre lot just north of the small town of Sycamore. This home offers a peaceful rural setting. With 2,348 sq. ft., this brick and vinyl home, built in 2003, has a large screened-in porch in the back and a spacious open deck perfect for enjoying summer sunsets. Inside, you'll find 3 bedrooms, 3 1/2 baths, a formal dining room with double tray ceiling, a kitchen with a raised bar top, solid wood cabinets, an everyday dining area, and a fully applianced kitchen, including a washer and dryer in the separate laundry room. Master bedroom features a shiplap accent wall, he and she walk-in closets, an updated bath with a walk-in shower and waterfall shower head. There are two pantry/storage rooms for your kitchen and convenience. Recent updates in 2023 includes: new Luxury vinyl plank flooring, new carpet, new front and back doors, new water heater,renovated bathrooms, new paint entire house, new kitchen appliances, a new whole house Generac generator-installed 2023 and new solar system-installed 2023, a big plus allowing for very low electric bills. There's also a 16x11 office or den with a custom desk area, a large entryway, a great family room with vaulted ceilings, wooden beams and fireplace. Sun room off great room for added living space. Dont wait for this great opportunity to pass you by!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,565 (100%)
Owner Occupied HU	2,035 (79.3%)
Renter Occupied HU	343 (13.4%)
Vacant Housing Units	187 ( 7.3%)
Median Home Value	$245,673
Average Home Value	$260,048