6432 Green Grass LnWhitestownIN46075
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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
Investment property for sale in Whitestown at 6432 Green Grass Ln, Whitestown, IN, 46075 offers a 9.29% rental yield on a $309,900 purchase with $2,399/mo rent. Total monthly income registers $2,399/mo, and a $1,517/mo payment leaves $539/mo available for distribution. Annual cash flow reaches $6,462/yr on $102,732 to close, and return on cash invested stands at 26.2% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,620 over five years. Portfolio math shows five-year ROI at 136.35% and total cumulative return in cash at $140,076. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,399/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46075, Whitestown, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,145 (100%) |
| Owner Occupied HU | 4,055 (78.8%) |
| Renter Occupied HU | 817 (15.9%) |
| Vacant Housing Units | 273 ( 5.3%) |
| Median Home Value | $337,077 |
| Average Home Value | $439,138 |
Housing Distribution
Address Breakdown
Residential
4,960
Single Family
4,549
Multi-Family
411
Businesses
251
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Listed by: Josh Neuman • @properties
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076673