611 Elliott Ct, Greentown, IN, 46936 | $468/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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611 Elliott Ct, Greentown, IN, 46936 | $468/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

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

More details about the property

Discover this delightful 3-bedroom, 1-bathroom brick ranch located on a quiet cul-de-sac. This 1,040 square foot residence offers comfortable living in a desirable setting. The interior features appealing flooring and a functional, eat-in kitchen that includes all appliances. The layout provides a smooth transition from the living space to the kitchen area. The property boasts an attractive brick exterior and includes an attached garage. Situated on a generous lot, there is ample outdoor space with a fenced in back yard.

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