2150 E Bomar Blvd, Greenfield, IN, 46140 | $503/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2150 E Bomar Blvd, Greenfield, IN, 46140 | $503/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

Rental property for sale in Greenfield at 2150 E Bomar Blvd, Greenfield, IN, 46140 generates $2,034/mo in rent and, after a $1,248/mo payment, leaves $503/mo in cash flow. Total monthly income is $2,034/mo, and annual cash flow is $6,040/yr on $84,533 invested. Return on cash invested sits at 27.05% in year one, and rental yield is 9.57% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 140.94% and total cumulative return in cash sums $119,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,034/mo property income rather than buyer’s personal income.

Single Family

Built in 1992

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled in a quiet, friendly, and well-established neighborhood with no HOA restrictions, this 3-bedroom, 2-bath ranch offers a functional layout and solid bones ready for your personal touch and style. The split-bedroom floor plan provides added privacy, with the spacious primary suite set apart from the other bedrooms, ideal for guests, kids, or a peaceful home office. The eat-in kitchen opens to the inviting great room, separated by a half wall that defines each space while keeping the flow connected, perfect for everyday living and casual gatherings! Step outside to a generously sized backyard filled with possibility. Whether you're dreaming of a swing set, garden beds, a cozy fire pit, or simply a quiet space to unwind under Indiana skies, this outdoor area is full of potential. Located just minutes from shopping, dining, and highly rated schools in an award-winning district, this well-maintained home is perfectly situated for your next chapter!

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