567 Lakewood Ct, Greentown, IN, 46936 | 4.69% Rental Yield

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567 Lakewood Ct, Greentown, IN, 46936 | 4.69% 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

Investment property for sale in Greentown at 567 Lakewood Ct, Greentown, IN, 46936 earns from $1,249/mo rent with a $1,566/mo payment. Total monthly income totals $1,249/mo. ROI tracks 12.31% on current figures, and rental yield reads 4.69% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 61.87% and total cumulative return in cash sums $65,612. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,249/mo property income instead of your personal income.

Single Family

Built in 1994

0.56 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 567 Lakewood Ct, located in the desirable Lakewood subdivision in Greentown. This beautifully maintained property has been thoughtfully updated over the past five years, making it truly move-in ready. Improvements include new siding, new gutters, a new water heater, and a well-maintained septic system. You'll love the modern stainless steel appliances in the kitchen and the brand-new privacy fence that enhances both charm and security. Additional upgrades include a Culligan water system with reverse osmosis for clean, fresh water throughout the home, as well as newly installed luxury vinyl plank flooring(2022) that adds style and durability. The spacious master bedroom features a beautiful cathedral ceiling, while the master bathroom is complete with double vanity sinks for comfort and convenience. Outside, you'll find a storage shed and a huge yard, perfect for entertaining family and friends. Blending comfort and function, this home is the perfect setting for today's family living.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.

Housing Distribution

Housing Statistics

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