4351 W Fox Ridge AveGreenwoodIN46143
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.83% yield at 4351 W Fox Ridge Ave, Greenwood, IN, 46143 in Greenwood is solid, but the $1,709/mo payment compresses net cash flow to $189/mo at $380,000. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $104,987 by year five, and $3,500/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.45) without U.S. income documentation. Total projected return: $155,982.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.8% |
| Monthly Cash Flow | $189 | $420 |
City averages based on Greenwood market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,480 |
| Total Monthly Debt Service | $2,140 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1985
0.41 Acres lot
$N/A/sqft
$120 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1985
0.41 Acres lot
$N/A/sqft
$120 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Denis O'Brien • Keller Williams Indy Metro S
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22037263
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