315 E Hendricks StGreensburgIN47240
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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 315 E Hendricks St, Greensburg, IN, 47240 earns $336/mo cash flow from $1,170/mo rent with a $680/mo payment. Total monthly income totals $1,170/mo, and annual cash flow totals $4,031/yr on $46,079 capital. ROI tracks 28.66% on current figures, and rental yield reads 10.1% at a $139,000 purchase. Equity gained on principal adds $897/yr, and 5% annual appreciation supports $38,403 over five years. Five-year ROI reaches 149.5% and total cumulative return in cash sums $68,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,170/mo property income instead of your personal income.
Single Family
Built in 1884
1,742 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: Amy Hobbs • Lohmiller Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22077359