2110 Wayne DrGreenfieldIN46140
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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 Greenfield at 2110 Wayne Dr, Greenfield, IN, 46140 uses $104,423 cash to close to unlock $1,714/yr annual cash flow and $143/mo monthly cash flow. Total monthly income runs $2,034/mo, and a $1,542/mo payment keeps the spread at $143/mo. Purchase price stands at $315,000, and rental yield measures 7.75% with $2,034/mo rent. Return on cash invested shows 21.55% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 111.39% and total cumulative return in cash records $116,321. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,034/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1976
0.61 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
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Listed by: Stephen Geyer • RE/MAX Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22080655