564 Parkhurst CtGreenwoodIN46142
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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
Rental property for sale in Greenwood at 564 Parkhurst Ct, Greenwood, IN, 46142 priced at $279,900 converts $1,928/mo rent into $248/mo cash flow after a $1,370/mo obligation. Total monthly income equals $1,928/mo, and annual cash flow totals $2,973/yr on $92,787 invested. Return on cash invested prints 23.11% in year one, and rental yield reads 8.27% against a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation compiles into $77,331 by year five. Five-year ROI reaches 119.77% and total cumulative return in cash sums $111,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,928/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 2002
6,969 sqft 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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