7956 W County Road 75 SGreencastleIN46135
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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 Greencastle at 7956 W County Road 75 S, Greencastle, IN, 46135 listed at $566,500 pairs $1,500/mo rent with a $2,773/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 7.82% in year one, and rental yield registers 3.18% at a $566,500 basis. Equity gained on principal adds $3,656/yr, and annual property appreciation at 5% supports $156,514 by year five. Five-year ROI tracks 37.76% and total cumulative return in cash totals $70,374. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $2,773/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46135, Greencastle, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,144
Single Family
6,852
Multi-Family
292
Businesses
650
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Listed by: Cy Marlow • L.J. Michaels, Inc.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22075454