Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 512 E Walnut St, Greentown, IN, 46936 priced at $149,000 converts $1,266/mo rent into $372/mo cash flow after a $729/mo obligation. Total monthly income equals $1,266/mo, and annual cash flow totals $4,462/yr on $49,394 invested. Return on cash invested prints 28.94% in year one, and rental yield reads 10.2% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 151.05% and total cumulative return in cash sums $74,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,266/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.35 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 |
|---|---|---|
| 2025-03-15 | Price change | $149,000 |
| 2022-12-13 | Listed for sale | $128,500 |
| 2022-12-12 | Sold | $128,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-17 | $414.12 | -68.12% | $77,000 | 6.80% |
| 2022-03-17 | $1299.00 | 11602.70% | $72,100 | 11.44% |
| 2021-03-17 | $11.10 | 2.02% | $64,700 | N/A |
Listed by: Suzy McKinley • McKinley Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508445
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.
