3161 Grand Lake Blvd, Greenwood, IN, 46143 | $594/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Greenwood at 3161 Grand Lake Blvd, Greenwood, IN, 46143 uses $145,490 cash to close to unlock $7,123/yr annual cash flow and $594/mo monthly cash flow. Total monthly income runs $3,228/mo, and a $2,148/mo payment keeps the spread at $594/mo. Purchase price stands at $438,885, and rental yield measures 8.83% with $3,228/mo rent. Return on cash invested shows 24.8% in year one, and 5% annual appreciation builds toward $121,256 over five years. Five-year ROI reaches 128.86% and total cumulative return in cash records $187,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,228/mo property income covering a $2,148/mo payment rather than investor’s personal income.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA