35 Oakey Ave, Greendale, IN, 47025 | $888/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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35 Oakey Ave, Greendale, IN, 47025 | $888/mo Cash Flow | Ziffy

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

Rental property for sale in Greendale at 35 Oakey Ave, Greendale, IN, 47025 offers $2,688/mo rent that, after a $1,468/mo payment, leaves $888/mo cash flow. Total monthly income is $2,688/mo, and annual cash flow is $10,650/yr on $99,450 cash. Return on cash invested measures 30.62% in year one, and rental yield stands at 10.75% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 160.04% and total cumulative return in cash reaches $159,156. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,688/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1930

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Adorable, brick, craftsman style home, with charm inside and out! This home features 3 bedrooms, 2 and half baths and a spacious unfinished basement, with lots of potential! You'll find one bedroom on the first floor, along with a full bath and two additional bedrooms on the second floor, with a half bath and bonus space. True to character there are hardwood floors throughout and an adorable craftsman staircase and fireplace in the front room. Outside you can enjoy a covered front porch, or covered patio in the rear, where you'll find privacy and a one car garage. This well maintained home has many updates and is ready for you to move right in!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,701 (100%)
Owner Occupied HU	7,176 (74.0%)
Renter Occupied HU	2,042 (21.0%)
Vacant Housing Units	483 ( 5.0%)
Median Home Value	$243,377
Average Home Value	$273,536