








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Greentown at 611 Elliott Ct, Greentown, IN, 46936 uses $56,322 cash to close to unlock $5,612/yr annual cash flow and $468/mo monthly cash flow. Total monthly income runs $1,488/mo, and a $832/mo payment keeps the spread at $468/mo. Purchase price stands at $169,900, and rental yield measures 10.51% with $1,488/mo rent. Return on cash invested shows 29.87% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 156.07% and total cumulative return in cash records $87,902. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,488/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1973
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
| 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 |
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Cherie Smith • True Realty
Mls Name: IRMLS
Mls ID: #202542478