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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Greentown at 230 Meadows Dr, Greentown, IN, 46936 listed at $365,000 pairs $3,040/mo rent with a $1,786/mo payment to leave $849/mo cash flow. Total monthly income runs $3,040/mo, and annual cash flow reaches $10,194/yr on $120,998 cash to close. Return on cash invested measures 28.33% in year one, and rental yield registers 9.99% at a $365,000 basis. Equity gained on principal adds $2,355/yr, and annual property appreciation at 5% supports $100,843 by year five. Five-year ROI tracks 147.79% and total cumulative return in cash totals $178,819. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,040/mo property income relative to a $1,786/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
1.58 Acres 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $365,000 |
| 2024-11-26 | Listing removed | $359,900 |
| 2024-09-24 | Listed for sale | $359,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $2708.00 | -0.98% | $313,900 | 18.01% |
| 2023-06-11 | $2734.92 | 8.75% | $266,000 | -0.04% |
| 2022-06-11 | $2514.76 | 10.55% | $266,100 | 9.06% |
Listed by: Andrea Kaiser • Kaiser's Sweet Home Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521990
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.
