Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Greendale at 233 Probasco St, Greendale, IN, 47025 offers a 10.57% rental yield on a $245,000 purchase with $2,158/mo rent. Total monthly income registers $2,158/mo, and a $1,199/mo payment leaves $687/mo available for distribution. Annual cash flow reaches $8,250/yr on $81,218 to close, and return on cash invested stands at 30.07% in year one. Equity gained on principal adds $1,581/yr while 5% annual appreciation supports $67,689 over five years. Portfolio math shows five-year ROI at 157.1% and total cumulative return in cash at $127,596. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,158/mo property income against a $1,199/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,701 (100%) |
| Owner Occupied HU | 7,176 (74.0%) |
| Renter Occupied HU | 2,042 (21.0%) |
| Vacant Housing Units | 483 ( 5.0%) |
| Median Home Value | $243,377 |
| Average Home Value | $273,536 |
Residential
9,428
Single Family
8,842
Multi-Family
586
Businesses
699
Date | Event | Price |
|---|---|---|
| 2025-03-23 | Listed for sale | $245,000 |
| 2025-03-13 | Listing removed | $245,000 |
| 2025-02-27 | Listed for sale | $245,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $1236.96 | 5.05% | $151,200 | 8.70% |
| 2023-03-25 | $1177.54 | 4.94% | $139,100 | 6.75% |
| 2022-03-25 | $1122.12 | 20.45% | $130,300 | 5.00% |
Listed by: Caylee Voltz • Coldwell Banker Realty
Mls Name: SEIBR
Mls ID: #204413
Disclaimer: Copyright Southeastern Indiana Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
