938 Miller Ave, Greendale, IN, 47025 | $192/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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938 Miller Ave, Greendale, IN, 47025 | $192/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Greendale at 938 Miller Ave, Greendale, IN, 47025 uses $99,450 cash to close to unlock $2,298/yr annual cash flow and $192/mo monthly cash flow. Total monthly income runs $1,992/mo, and a $1,468/mo payment keeps the spread at $192/mo. Purchase price stands at $300,000, and rental yield measures 7.97% with $1,992/mo rent. Return on cash invested shows 22.22% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 115.02% and total cumulative return in cash records $114,384. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,992/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 1951

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Move right into this beautifully updated three-bedroom home in the heart of Greendale! Beautifully maintained, this home features stunning hardwood floors throughout the main level, creating a warm and inviting atmosphere. The fenced-in backyard offers both privacy and a perfect space for entertaining, while the large storage shed provides ample secure storage. A partially finished basement adds flexibility for a rec room, home office, or workout space. Nestled in a charming neighborhood, this home is close to the public pool, parks, and ball fields and only minutes from the interstate for an easy commute. Don't miss this opportunity schedule your showing today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47025, Lawrenceburg, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	9,701 (100%)
Owner Occupied HU	7,176 (74.0%)
Renter Occupied HU	2,042 (21.0%)
Vacant Housing Units	483 ( 5.0%)
Median Home Value	$243,377
Average Home Value	$273,536