2215 Foothill Dr, Greenfield, IN, 46140 | $807/mo Cash Flow

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2215 Foothill Dr, Greenfield, IN, 46140 | $807/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

Investment property for sale in Greenfield at 2215 Foothill Dr, Greenfield, IN, 46140 offers a 10.73% rental yield on a $274,995 purchase with $2,458/mo rent. Total monthly income registers $2,458/mo, and a $1,346/mo payment leaves $807/mo available for distribution. Annual cash flow reaches $9,687/yr on $91,161 to close, and return on cash invested stands at 30.53% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,976 over five years. Portfolio math shows five-year ROI at 159.62% and total cumulative return in cash at $145,509. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,458/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

The Carriage Collection offers new single-family homes in Evergreen Estates, a master-planned community in Greenfield, IN. Explore the historical charm of the Greenfield Courthouse Square Historic District, home to architectural wonders and 19th century sites. Greenfield offers a mix of local and national shopping and dining options, complemented by numerous parks, trails and an aquatic center for splashing recreation. The Great Room, kitchen and dining room share a convenient and contemporary open floorplan on the first level of this two-story home, which also features a two-car garage at the front. A versatile loft and all four bedrooms occupy the second level, including the luxe owner's suite comprised of a restful bedroom, en-suite bathroom and large walk-in closet. *Photos/Tour of model may show features not selected in home.

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