8194 Borden RoadGreenvilleIN47124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Greenville at 8194 Borden Road, Greenville, IN, 47124 listed at $429,900 pairs $2,170/mo rent with a $2,104/mo payment. Total monthly income runs $2,170/mo. Return on cash invested measures 16.45% in year one, and rental yield registers 6.06% at a $429,900 basis. Equity gained on principal adds $2,774/yr, and annual property appreciation at 5% supports $118,773 by year five. Five-year ROI tracks 84.07% and total cumulative return in cash totals $119,815. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,170/mo property income relative to a $2,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1929
5.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
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Listed by: Ashley B Jones • Schuler Bauer Real Estate Services ERA Powered (N
Mls Name: SIRA
Mls ID: #202605068