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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Greentown at 804 S 800 E, Greentown, IN, 46936 generates $2,624/mo in rent and, after a $1,713/mo payment, leaves $523/mo in cash flow. Total monthly income is $2,624/mo, and annual cash flow is $6,278/yr on $115,992 invested. Return on cash invested sits at 25.32% in year one, and rental yield is 9% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 131.65% and total cumulative return in cash sums $152,706. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,624/mo property income rather than buyer’s personal income.
Single Family
Built in 1994
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
| 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 |
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
Date | Event | Price |
|---|---|---|
| 2025-07-25 | Sold | $349,900 |
| 2025-07-07 | Pending sale | $349,900 |
| 2025-07-03 | Listed for sale | $349,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-09 | $1624.00 | -3.80% | $257,800 | 8.87% |
| 2023-10-09 | $1688.16 | 18.37% | $236,800 | 4.27% |
| 2022-10-09 | $1426.14 | 63.56% | $227,100 | 9.45% |
Listed by: Marcia Ellis • The Hardie Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525738
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.
