381 W Itawamba TrlGreensburgIN47240
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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
Rental property for sale in Greensburg at 381 W Itawamba Trl, Greensburg, IN, 47240 priced at $375,000 pairs $1,380/mo rent with after a $1,835/mo payment. Total monthly income equals $1,380/mo. Return on cash invested is 11.5% in year one, and rental yield stands at 4.42% on a $375,000 basis. Equity gained on principal adds $2,420/yr, and 5% annual appreciation accumulates to $103,606 by year five. Five-year ROI measures 57.54% and total cumulative return in cash reaches $71,535. For financing, Ziffy Mortgage’s DSCR program evaluates $1,380/mo property income against a $1,835/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2026
0.34 Acres 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: Deanna Hill • Plum Tree Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22072615