304 W North StGreensburgIN47240
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Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Greensburg at 304 W North St, Greensburg, IN, 47240 listed at $265,000 pairs $1,243/mo rent with a $1,297/mo payment. Total monthly income runs $1,243/mo. Return on cash invested measures 15.16% in year one, and rental yield registers 5.63% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 77.17% and total cumulative return in cash totals $67,791. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,243/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47240, Greensburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,772 (100%) |
| Owner Occupied HU | 6,364 (65.1%) |
| Renter Occupied HU | 2,547 (26.1%) |
| Vacant Housing Units | 861 ( 8.8%) |
| Median Home Value | $230,944 |
| Average Home Value | $267,973 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
9,063
Multi-Family
266
Businesses
793
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Listed by: Jennifer Hamilton • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22068921