908 School StGreenfieldIN46140
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 Greenfield at 908 School St, Greenfield, IN, 46140 listed at $206,900 pairs $1,518/mo rent with a $1,013/mo payment to leave $276/mo cash flow. Total monthly income runs $1,518/mo, and annual cash flow reaches $3,308/yr on $68,587 cash to close. Return on cash invested measures 24.73% in year one, and rental yield registers 8.8% at a $206,900 basis. Equity gained on principal adds $1,335/yr, and annual property appreciation at 5% supports $57,163 by year five. Five-year ROI tracks 128.48% and total cumulative return in cash totals $88,118. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,518/mo property income relative to a $1,013/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46140, Greenfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 19,331 (100%) |
| Owner Occupied HU | 13,943 (72.1%) |
| Renter Occupied HU | 4,652 (24.1%) |
| Vacant Housing Units | 736 ( 3.8%) |
| Median Home Value | $256,982 |
| Average Home Value | $292,372 |
Housing Distribution
Address Breakdown
Residential
18,762
Single Family
18,279
Multi-Family
483
Businesses
1,156
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Meulbroek • Liberty Real Estate, LLC.
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22070469