7318 Wind Dance ParkwayGreenvilleIN47124
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 7318 Wind Dance Parkway, Greenville, IN, 47124 in Greenville fits: $659,900, 5.44% gross yield, and a projected 5% annual appreciation rate adding $182,318 in value within five years. Rental yield 5.44%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (1.01) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $6,078/yr in principal paydown and $182,318 in appreciation project a total return of $187,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.4% | 6.0% |
| Monthly Cash Flow | $(971) | $150 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,990 |
| Total Monthly Debt Service | $3,699 |
| DSCR Ratio | 0.81x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1996
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1996
2.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Wootan • ListWithFreedom.com
Mls Name: SIRA
Mls ID: #2025012022