4103 Oval PlGreenwoodIN46142
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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 Greenwood at 4103 Oval Pl, Greenwood, IN, 46142 generates $2,488/mo in rent and, after a $1,987/mo payment, leaves $51/mo in cash flow. Total monthly income is $2,488/mo, and annual cash flow is $613/yr on $134,556 invested. Return on cash invested sits at 20.36% in year one, and rental yield is 7.36% on a $405,900 entry. Equity gained on principal adds $2,619/yr, while 5% annual appreciation builds toward $112,143 over five years. Five-year ROI reaches 105.06% and total cumulative return in cash sums $141,368. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,488/mo property income rather than buyer’s personal income.
Single Family
Built in 2008
0.29 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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