554 Weyworth Pl, Greenwood, IN, 46142 | 6.58% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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554 Weyworth Pl, Greenwood, IN, 46142 | 6.58% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Greenwood at 554 Weyworth Pl, Greenwood, IN, 46142 generates $1,920/mo in rent, after a $1,713/mo payment. Total monthly income is $1,920/mo. Return on cash invested sits at 18.04% in year one, and rental yield is 6.58% on a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 92.6% and total cumulative return in cash sums $107,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,920/mo property income rather than buyer’s personal income.

Single Family

Built in 2006

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled at 554 Weyworth PL, GREENWOOD, IN, this single-family residence offers an attractive property in a desirable location. The residence presents an exciting opportunity for comfortable living. The living room serves as a warm and inviting space, anchored by a fireplace that promises cozy evenings and a focal point for gatherings. Imagine relaxing in this space, the gentle warmth of the fire creating a peaceful ambiance. The kitchen is designed for both functionality and style, showcasing stone countertops that provide a durable and elegant surface for meal preparation. A large kitchen island offers ample space for culinary creations, while the kitchen bar and peninsula provide ideal spots for casual dining and conversation. The backsplash adds a touch of sophistication, completing the kitchen's refined aesthetic. The bathroom is thoughtfully designed with a double vanity, offering convenience and ample space for personal care, and the walk-in shower provides a refreshing and accessible experience. This residence also features a porch and patio, perfect for enjoying the outdoors, as well as a deck ideal for relaxing or entertaining. A laundry room offers convenience, while the walk-in closet provides ample storage. With two full bathrooms and one half bathroom, two bedrooms, 1723 square feet of living area, and a 14070 square foot lot, this residence, built in 2006, provides an incredible opportunity for comfortable and stylish living.

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