8097 State Road 38Greens ForkIN47345
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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 Greens Fork at 8097 State Road 38, Greens Fork, IN, 47345 earns $61/mo cash flow from $2,408/mo rent with a $1,914/mo payment. Total monthly income totals $2,408/mo, and annual cash flow totals $728/yr on $129,617 capital. ROI tracks 20.47% on current figures, and rental yield reads 7.39% at a $391,000 purchase. Equity gained on principal adds $2,523/yr, and 5% annual appreciation supports $108,026 over five years. Five-year ROI reaches 105.61% and total cumulative return in cash sums $136,894. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,408/mo property income instead of your personal income.
Single Family
Built in 1962
5.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47345, Greens Fork, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 451 (76.8%) |
| Renter Occupied HU | 80 (13.6%) |
| Vacant Housing Units | 56 ( 9.5%) |
| Median Home Value | $236,786 |
| Average Home Value | $282,749 |
Housing Distribution
Address Breakdown
Residential
413
Single Family
413
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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