605 S Maple St, Greentown, IN, 46936 | $305/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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605 S Maple St, Greentown, IN, 46936 | $305/mo Cash Flow | 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

Rental property for sale in Greentown at 605 S Maple St, Greentown, IN, 46936 offers $1,685/mo rent that, after a $1,125/mo payment, leaves $305/mo cash flow. Total monthly income is $1,685/mo, and annual cash flow is $3,662/yr on $76,212 cash. Return on cash invested measures 24.71% in year one, and rental yield stands at 8.8% at a $229,900 entry. Equity gained on principal adds $1,484/yr while 5% annual appreciation compounds into $63,517 by year five. Five-year ROI records 128.42% and total cumulative return in cash reaches $97,871. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,685/mo property income versus a $1,125/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled, this single-family residence offers an inviting home, ready for you to move in and make it your own. Imagine mornings spent in the delightful sunroom, bathed in the warm glow of sunlight as you plan your day. The living room presents an elegant space for relaxation and entertaining, perfect for creating lasting memories. The kitchen, adorned with crown molding, features a kitchen bar and peninsula, complete with a backsplash, ensuring it will quickly become a favorite gathering spot. Brand new water heater and Furnace. This property features three bedrooms and two full bathrooms, providing comfortable accommodation. The walk-in closet offers generous storage, helping you keep your belongings organized. This charming home is waiting to become the backdrop for your life's next chapter.

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