584 Greenery DrIndianapolisIN46290
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 584 Greenery Dr, Indianapolis, IN, 46290 in Indianapolis fits: $784,000, 5.12% gross yield, and a projected 5% annual appreciation rate adding $216,605 in value within five years. Rental yield 5.12%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.95) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $7,221/yr in principal paydown and $216,605 in appreciation project a total return of $209,181.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 6.8% |
| Monthly Cash Flow | $(1,361) | $450 |
City averages based on Indianapolis market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,346 |
| Total Monthly Debt Service | $4,394 |
| DSCR Ratio | 0.76x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46290, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 77 (80.2%) |
| Renter Occupied HU | 1 ( 1.0%) |
| Vacant Housing Units | 18 (18.7%) |
| Median Home Value | $1,030,000 |
| Average Home Value | $1,141,234 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46290, Indianapolis, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 96 (100%) |
| Owner Occupied HU | 77 (80.2%) |
| Renter Occupied HU | 1 ( 1.0%) |
| Vacant Housing Units | 18 (18.7%) |
| Median Home Value | $1,030,000 |
| Average Home Value | $1,141,234 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
189
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • Onyx+East
Mls Name: Onyx + East
Mls Provider:
Mls ID: #N/A