








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Greentown at 220 W Main St, Greentown, IN, 46936 priced at $125,000 pairs $1,063/mo rent with $312/mo cash flow after a $612/mo payment. Total monthly income equals $1,063/mo, and annual cash flow comes to $3,750/yr on $41,438 invested. Return on cash invested is 28.96% in year one, and rental yield stands at 10.2% on a $125,000 basis. Equity gained on principal adds $807/yr, and 5% annual appreciation accumulates to $34,535 by year five. Five-year ROI measures 151.21% and total cumulative return in cash reaches $62,657. For financing, Ziffy Mortgage’s DSCR program evaluates $1,063/mo property income against a $612/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,565 (100%) |
| Owner Occupied HU | 2,035 (79.3%) |
| Renter Occupied HU | 343 (13.4%) |
| Vacant Housing Units | 187 ( 7.3%) |
| Median Home Value | $245,673 |
| Average Home Value | $260,048 |
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Sold | $125,000 |
| 2025-07-11 | Pending sale | $129,900 |
| 2025-06-09 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $577.04 | -1.74% | $87,800 | 2.81% |
| 2023-10-18 | $587.28 | N/A | $85,400 | 6.75% |
| 2022-10-18 | N/A | N/A | $80,000 | 12.20% |



Listed by: Cherie Smith • True Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521731
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.