933 S Creek Dr EGreensburgIN47240
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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 Greensburg at 933 S Creek Dr E, Greensburg, IN, 47240 uses $86,190 cash to close to unlock $2,662/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,783/mo, and a $1,273/mo payment keeps the spread at $222/mo. Purchase price stands at $260,000, and rental yield measures 8.23% with $1,783/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 119.16% and total cumulative return in cash records $102,701. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,783/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 2002
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47240, Greensburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,772 (100%) |
| Owner Occupied HU | 6,364 (65.1%) |
| Renter Occupied HU | 2,547 (26.1%) |
| Vacant Housing Units | 861 ( 8.8%) |
| Median Home Value | $230,944 |
| Average Home Value | $267,973 |
Housing Distribution
Address Breakdown
Residential
9,329
Single Family
9,063
Multi-Family
266
Businesses
793
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