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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Greencastle at 625 E Anderson St, Greencastle, IN, 46135 with 5% annual appreciation on a $105,800 basis while $1,586/mo rent supports operations. Total monthly income totals $1,586/mo and a $518/mo payment preserves $951/mo for cash returns. Annual cash flow comes to $11,409/yr on $35,073 deployed, and return on cash invested reaches 52.44% in year one. Equity gained on principal adds $683/yr, and five-year appreciation sums $29,231 alongside rental yield of 17.99%. Five-year ROI measures 277.07% and total cumulative return in cash totals $97,177.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,586/mo property income versus a $518/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46135, Greencastle, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,718 (100%) |
| Owner Occupied HU | 4,723 (61.2%) |
| Renter Occupied HU | 2,134 (27.6%) |
| Vacant Housing Units | 861 (11.2%) |
| Median Home Value | $218,134 |
| Average Home Value | $263,076 |
Residential
7,144
Single Family
6,852
Multi-Family
292
Businesses
650
Date | Event | Price |
|---|---|---|
| 2018-10-17 | Sold | $112,000 |
| 2018-09-18 | Pending sale | $110,000 |
| 2018-09-06 | Listed for sale | $110,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-25 | $695.16 | -0.25% | $105,800 | 16.14% |
| 2023-10-25 | $696.92 | 44.09% | $91,100 | N/A |
| 2022-10-25 | $483.68 | -3.83% | $91,100 | 14.74% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
