609 Waterview BlvdGreenfieldIN46140
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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 Greenfield at 609 Waterview Blvd, Greenfield, IN, 46140 priced at $294,900 pairs $2,034/mo rent with $264/mo cash flow after a $1,443/mo payment. Total monthly income equals $2,034/mo, and annual cash flow comes to $3,170/yr on $97,759 invested. Return on cash invested is 23.15% in year one, and rental yield stands at 8.28% on a $294,900 basis. Equity gained on principal adds $1,903/yr, and 5% annual appreciation accumulates to $81,475 by year five. Five-year ROI measures 120.02% and total cumulative return in cash reaches $117,331. For financing, Ziffy Mortgage’s DSCR program evaluates $2,034/mo property income against a $1,443/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,331 (100%) |
| Owner Occupied HU | 13,943 (72.1%) |
| Renter Occupied HU | 4,652 (24.1%) |
| Vacant Housing Units | 736 ( 3.8%) |
| Median Home Value | $256,982 |
| Average Home Value | $292,372 |
Housing Distribution
Address Breakdown
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
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Listed by: Sue Mize • RE/MAX Realty Group
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078187