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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% |
Rental property for sale in Greenfield at 305 Allen Ln, Greenfield, IN, 46140 priced at $205,000 pairs $1,850/mo rent with $620/mo cash flow after a $1,003/mo payment. Total monthly income equals $1,850/mo, and annual cash flow comes to $7,437/yr on $67,958 invested. Return on cash invested is 30.85% in year one, and rental yield stands at 10.83% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 161.3% and total cumulative return in cash reaches $109,614. For financing, Ziffy Mortgage’s DSCR program evaluates $1,850/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
6,969 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: Piper Couch • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22056108
