7782 W State Road 46GreensburgIN47240
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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 Greensburg at 7782 W State Road 46, Greensburg, IN, 47240 uses $92,489 cash to close to unlock $9,849/yr annual cash flow and $821/mo monthly cash flow. Total monthly income runs $2,496/mo, and a $1,366/mo payment keeps the spread at $821/mo. Purchase price stands at $279,000, and rental yield measures 10.74% with $2,496/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $77,083 over five years. Five-year ROI reaches 159.7% and total cumulative return in cash records $147,703. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $1,366/mo payment rather than investor’s personal income.
Single Family
Built in 1972
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47240, Greensburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,772 (100%) |
| Owner Occupied HU | 6,364 (65.1%) |
| Renter Occupied HU | 2,547 (26.1%) |
| Vacant Housing Units | 861 ( 8.8%) |
| Median Home Value | $230,944 |
| Average Home Value | $267,973 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
9,063
Multi-Family
266
Businesses
793
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Listed by: Brad Taflinger • The Taflinger Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512834
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.