326 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 326 E Hendricks St, Greensburg, IN, 47240 uses $66,134 cash to close to unlock $2,195/yr annual cash flow and $183/mo monthly cash flow. Total monthly income runs $1,380/mo, and a $976/mo payment keeps the spread at $183/mo. Purchase price stands at $199,500, and rental yield measures 8.3% with $1,380/mo rent. Return on cash invested shows 23.23% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 120.38% and total cumulative return in cash records $79,615. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,380/mo property income covering a $976/mo payment rather than investor’s personal income.
Single Family
Built in 1949
7,405 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: Shelley Hadler • Plum Tree Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22079850