215 Eikenberry StGreenfieldIN46140
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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
Rental property for sale in Greenfield at 215 Eikenberry St, Greenfield, IN, 46140 priced at $195,500 pairs $1,789/mo rent with $615/mo cash flow after a $957/mo payment. Total monthly income equals $1,789/mo, and annual cash flow comes to $7,384/yr on $64,808 invested. Return on cash invested is 31.3% in year one, and rental yield stands at 10.98% on a $195,500 basis. Equity gained on principal adds $1,262/yr, and 5% annual appreciation accumulates to $54,013 by year five. Five-year ROI measures 163.74% and total cumulative return in cash reaches $106,115. For financing, Ziffy Mortgage’s DSCR program evaluates $1,789/mo property income against a $957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
9,491 sqft 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: N/A • N/A
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