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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Greentown at 416 S Maple St, Greentown, IN, 46936 priced at $265,000 pairs $1,902/mo rent with $311/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,902/mo, and annual cash flow comes to $3,735/yr on $87,848 invested. Return on cash invested is 24.16% in year one, and rental yield stands at 8.61% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 125.44% and total cumulative return in cash reaches $110,199. For financing, Ziffy Mortgage’s DSCR program evaluates $1,902/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,565 (100%) |
| Owner Occupied HU | 2,035 (79.3%) |
| Renter Occupied HU | 343 (13.4%) |
| Vacant Housing Units | 187 ( 7.3%) |
| Median Home Value | $245,673 |
| Average Home Value | $260,048 |
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $265,000 |
| 2024-02-06 | Sold | $249,000 |
| 2023-12-27 | Listed for sale | $249,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-29 | $1807.00 | -11.85% | $194,600 | 7.69% |
| 2023-03-29 | $2050.00 | 18.02% | $180,700 | 3.49% |
| 2022-03-29 | $1737.00 | 2.24% | $174,600 | 18.53% |
Listed by: Jamie L Leach • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510145
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
