








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Greenfield at 502 S State St, Greenfield, IN, 46140 uses $45,084 cash to close to unlock $4,539/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $1,195/mo, and a $666/mo payment keeps the spread at $378/mo. Purchase price stands at $136,000, and rental yield measures 10.54% with $1,195/mo rent. Return on cash invested shows 29.98% in year one, and 5% annual appreciation builds toward $37,574 over five years. Five-year ROI reaches 156.67% and total cumulative return in cash records $70,634. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,195/mo property income covering a $666/mo payment rather than investor’s personal income.
Single Family
Built in 1900
7,927 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,331 (100%) |
| Owner Occupied HU | 13,943 (72.1%) |
| Renter Occupied HU | 4,652 (24.1%) |
| Vacant Housing Units | 736 ( 3.8%) |
| Median Home Value | $256,982 |
| Average Home Value | $292,372 |
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



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Mls ID: #N/A