







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 202 N State St, Greenfield, IN, 46140 at $243,000 posts ROI 28.48% with $576/mo cash flow from $2,034/mo rent. Total monthly income equals $2,034/mo, and annual cash flow records $6,908/yr on $80,555 to close. Return on cash invested measures 28.48% and rental yield reads 10.04% at the current $243,000. Equity gained on principal adds $1,568/yr, and 5% annual appreciation supports $67,136 by year five. Five-year ROI prints 148.59% and total cumulative return in cash totals $119,696.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,034/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1886
3,049 sqft 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 |
|---|---|---|
| 2025-08-24 | Listed for sale | $243,000 |
| 2025-07-31 | Listing removed | $243,000 |
| 2024-12-19 | Listed for sale | $243,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Access Only
Listed by: Marie Fox • Hoosier, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22058580
Disclaimer: Based on information submitted to the MLS GRID as of 2025-08-26 07:38:06 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)