205 W 5th StGreensburgIN47240
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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
Investment Highlights
Investment property for sale in Greensburg at 205 W 5th St, Greensburg, IN, 47240 offers a 10.38% rental yield on a $169,900 purchase with $1,469/mo rent. Total monthly income registers $1,469/mo, and a $832/mo payment leaves $449/mo available for distribution. Annual cash flow reaches $5,384/yr on $56,322 to close, and return on cash invested stands at 29.47% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 153.9% and total cumulative return in cash at $86,678. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,469/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47240, Greensburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,772 (100%) |
| Owner Occupied HU | 6,364 (65.1%) |
| Renter Occupied HU | 2,547 (26.1%) |
| Vacant Housing Units | 861 ( 8.8%) |
| Median Home Value | $230,944 |
| Average Home Value | $267,973 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
9,063
Multi-Family
266
Businesses
793
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Listed by: Valerie Fields • Exodus Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22057992