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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 304 Shamrock Ave, Greentown, IN, 46936 offers a 7.72% rental yield on a $500,000 purchase with $3,217/mo rent. Total monthly income registers $3,217/mo, and a $2,447/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,590/yr on $165,750 to close, and return on cash invested stands at 21.47% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 110.98% and total cumulative return in cash at $183,944. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,217/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.75 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 |
|---|---|---|
| 2025-09-25 | Sold | $500,000 |
| 2025-08-01 | Listed for sale | $495,000 |
| 2015-10-06 | Sold | $256,284 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $3193.08 | -7.82% | $344,500 | 2.20% |
| 2023-10-07 | $3464.14 | 9.96% | $337,100 | 5.51% |
| 2022-10-07 | $3150.32 | 8.26% | $319,500 | 7.54% |
What's Special
Pull Down Stairs
Listed by: Kris Wunderlich • RE/MAX Realty One
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530337
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.
