7 J McCool WayGreenwoodIN46142
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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
Rental property for sale in Greenwood at 7 J McCool Way, Greenwood, IN, 46142 priced at $686,400 converts $3,566/mo rent into after a $3,360/mo obligation. Total monthly income equals $3,566/mo. Return on cash invested prints 17.11% in year one, and rental yield reads 6.23% against a $686,400 entry. Equity gained on principal adds $4,429/yr, while 5% annual appreciation compiles into $189,640 by year five. Five-year ROI reaches 87.58% and total cumulative return in cash sums $197,778. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,566/mo property income covering a $3,360/mo payment, not borrower’s personal income.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46142, Greenwood, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,586 (100%) |
| Owner Occupied HU | 9,473 (69.7%) |
| Renter Occupied HU | 3,549 (26.1%) |
| Vacant Housing Units | 564 ( 4.2%) |
| Median Home Value | $294,337 |
| Average Home Value | $318,882 |
Housing Distribution
Address Breakdown
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
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