378 Lea Ln, Greenwood, IN, 46142 | $134/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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378 Lea Ln, Greenwood, IN, 46142 | $134/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 Greenwood at 378 Lea Ln, Greenwood, IN, 46142 offers $2,354/mo rent that, after a $1,810/mo payment, leaves $134/mo cash flow. Total monthly income is $2,354/mo, and annual cash flow is $1,608/yr on $122,622 cash. Return on cash invested measures 21.22% in year one, and rental yield stands at 7.64% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 109.66% and total cumulative return in cash reaches $134,470. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,354/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1973

0.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Check out this awesome 3-bedroom, 2.5-bath home in White River Township-that's been lovingly cared for! Sitting on a corner lot with no HOA, this place has everything you need and more. You'll love hanging out by the private in-ground pool and the huge patio is perfect for cookouts. The covered front porch is great for relaxing with a cup of coffee. Inside, there's a nice office space for working from home. This one's got space, privacy, and flexibility-schedule your showings today!

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