603 S Maple StGreentownIN46936
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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 Greentown at 603 S Maple St, Greentown, IN, 46936 with 5% annual appreciation on a $219,900 basis while $1,723/mo rent supports operations. Total monthly income totals $1,723/mo and a $1,076/mo payment preserves $403/mo for cash returns. Annual cash flow comes to $4,839/yr on $72,897 deployed, and return on cash invested reaches 26.55% in year one. Equity gained on principal adds $1,419/yr, and five-year appreciation sums $60,754 alongside rental yield of 9.4%. Five-year ROI measures 138.23% and total cumulative return in cash totals $100,768.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,723/mo property income versus a $1,076/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.31 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
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Listed by: Andrea Kaiser • Kaiser's Sweet Home Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512476
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.