5571 W Steven DrGreenwoodIN46142
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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
Investment Highlights
Investment property for sale in Greenwood at 5571 W Steven Dr, Greenwood, IN, 46142 with 5% annual appreciation on a $300,600 basis while $2,183/mo rent supports operations. Total monthly income totals $2,183/mo and a $1,471/mo payment preserves $379/mo for cash returns. Annual cash flow comes to $4,546/yr on $99,649 deployed, and return on cash invested reaches 24.47% in year one. Equity gained on principal adds $1,940/yr, and five-year appreciation sums $83,050 alongside rental yield of 8.71%. Five-year ROI measures 127.04% and total cumulative return in cash totals $126,596.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,183/mo property income versus a $1,471/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
0.41 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
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