








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


Investment property for sale in Greenfield at 2230 Hemlock Cir, Greenfield, IN, 46140 at $389,995 posts ROI 20.52% with $66/mo cash flow from $2,458/mo rent. Total monthly income equals $2,458/mo, and annual cash flow records $793/yr on $129,283 to close. Return on cash invested measures 20.52% and rental yield reads 7.56% at the current $389,995. Equity gained on principal adds $2,517/yr, and 5% annual appreciation supports $107,748 by year five. Five-year ROI prints 106.09% and total cumulative return in cash totals $137,155.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,458/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2025
8,276 sqft lot
$N/A/sqft
$152 quarterly HOA
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
| 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 |
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
Date | Event | Price |
|---|---|---|
| 2025-04-01 | Price change | $389,995 |
| 2025-03-25 | Price change | $397,995 |
| 2025-03-18 | Listed for sale | $408,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
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Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22030584
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-07 08:17:43 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)