341 Leisure LnGreenwoodIN46142
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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 Greenwood at 341 Leisure Ln, Greenwood, IN, 46142 offers a 7.99% rental yield on a $339,900 purchase with $2,264/mo rent. Total monthly income registers $2,264/mo, and a $1,664/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,679/yr on $112,677 to close, and return on cash invested stands at 22.29% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 115.37% and total cumulative return in cash at $129,995. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,264/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46142, Greenwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,586 (100%) |
| Owner Occupied HU | 9,473 (69.7%) |
| Renter Occupied HU | 3,549 (26.1%) |
| Vacant Housing Units | 564 ( 4.2%) |
| Median Home Value | $294,337 |
| Average Home Value | $318,882 |
Housing Distribution
Address Breakdown
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
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