71 S 1100 E, Greentown, IN, 46936 | $317/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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71 S 1100 E, Greentown, IN, 46936 | $317/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 71 S 1100 E, Greentown, IN, 46936 listed at $159,900 pairs $1,277/mo rent with a $783/mo payment to leave $317/mo cash flow. Total monthly income runs $1,277/mo, and annual cash flow reaches $3,801/yr on $53,007 cash to close. Return on cash invested measures 27.08% in year one, and rental yield registers 9.58% at a $159,900 basis. Equity gained on principal adds $1,032/yr, and annual property appreciation at 5% supports $44,177 by year five. Five-year ROI tracks 141.07% and total cumulative return in cash totals $74,778. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,277/mo property income relative to a $783/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1955

1.93 Acres lot

$N/A/sqft

No HOA

More details about the property

Description per seller: This spacious two-story home offers six bedrooms and sits on 1.8 acres. It features 2 full bathrooms with showers and two fireplaces, including one in the master bedroom. The large front parlor is highlighted by a bow window and two casement windows, while dual-pane vinyl windows are found throughout the home. Enjoy outdoor living with a bi-level backyard deck and a large fenced-in area, perfect for children or pets. The living room fireplace includes a built-in wood bin that can be fed directly from the garage. The two-car garage comes equipped with a workbench, cabinets, a closet, an under-stair storage room, and a garage door opener. The master bedroom boasts a walk-in closet and a private bathroom with shower. Additional amenities include an underground tornado shelter with heavy metal doors, a 12' x 12' storage outbuilding, and an interior washroom with basin, washer/dryer hookups, and back porch access. The kitchen includes a dining area, pantry, and a country view from the sink window. Located just 1 mile from Greentown, 10 miles from Kokomo, and 20 miles from Marion, this property offers peaceful country living with friendly neighbors. The surrounding roads are ideal for golf cart rides, biking, jogging, and family walks. Outside hookups for a hot tub are conveniently located next to the porch.

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