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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% |
Rental property for sale in Greencastle at 7 Beveridge St, Greencastle, IN, 46135 offers $1,280/mo rent that, after a $832/mo payment, leaves $260/mo cash flow. Total monthly income is $1,280/mo, and annual cash flow is $3,116/yr on $56,322 cash. Return on cash invested measures 25.44% in year one, and rental yield stands at 9.04% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 132.29% and total cumulative return in cash reaches $74,510. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,280/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Amber Greene • Greene Realty, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22074001
