








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 293 N 1100 E, Greentown, IN, 46936 listed at $239,900 pairs $2,333/mo rent with a $1,174/mo payment to leave $893/mo cash flow. Total monthly income runs $2,333/mo, and annual cash flow reaches $10,717/yr on $79,527 cash to close. Return on cash invested measures 33.39% in year one, and rental yield registers 11.67% at a $239,900 basis. Equity gained on principal adds $1,548/yr, and annual property appreciation at 5% supports $66,280 by year five. Five-year ROI tracks 174.92% and total cumulative return in cash totals $139,111. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,333/mo property income relative to a $1,174/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1968
0.49 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 |
|---|---|---|
| 2025-07-07 | Sold | $239,900 |
| 2025-06-27 | Pending sale | $239,900 |
| 2025-05-23 | Price change | $239,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $1222.12 | -8.61% | $173,400 | 8.92% |
| 2023-10-27 | $1337.22 | 16.25% | $159,200 | -0.06% |
| 2022-10-27 | $1150.28 | 15.71% | $159,300 | 9.41% |



What's Special
Pull Down Stairs
Listed by: Cali DeWitt • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517589
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.