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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% |
Investment property for sale in Greenwood at 811 Gazebo Way, Greenwood, IN, 46142 with 5% annual appreciation on a $258,000 basis while $1,368/mo rent supports operations. 44% in year one. Equity gained on principal adds $1,665/yr, and five-year appreciation sums $71,281 alongside rental yield of 6.36%. Five-year ROI measures 59.37% and total cumulative return in cash totals $50,774. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,368/mo property income versus a $1,263/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2005
1,306 sqft lot
$N/A/sqft
$423 monthly HOA
Neighborhood data shown for ZIP Code: 46142, Greenwood, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,586 (100%) |
| Owner Occupied HU | 9,473 (69.7%) |
| Renter Occupied HU | 3,549 (26.1%) |
| Vacant Housing Units | 564 ( 4.2%) |
| Median Home Value | $294,337 |
| Average Home Value | $318,882 |
Residential
13,088
Single Family
12,240
Multi-Family
848
Businesses
1,514
Date | Event | Price |
|---|---|---|
| 2025-05-21 | Listed for sale | $258,000 |
| 2008-10-24 | Sold | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-22 | $1824.00 | -2.89% | $219,800 | 3.10% |
| 2023-05-22 | $1878.28 | 10.55% | $213,200 | 5.65% |
| 2022-05-22 | $1699.04 | -0.43% | $201,800 | 6.77% |
What's Special
Access Only
Listed by: Colleen Gordon • CENTURY 21 Scheetz
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22039977
Disclaimer: Based on information submitted to the MLS GRID as of 2025-05-22 07:52:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
