








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 Greenfield at 249 N Emma Way, Greenfield, IN, 46140 generates $2,458/mo in rent and, after a $1,811/mo payment, leaves $237/mo in cash flow. Total monthly income is $2,458/mo, and annual cash flow is $2,843/yr on $122,653 invested. Return on cash invested sits at 22.23% in year one, and rental yield is 7.97% on a $369,995 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation builds toward $102,223 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash sums $141,075. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,458/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
7,840 sqft lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Erin Hundley • Compass Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074970