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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% |
Rental property for sale in Greentown at 9574 E 400 N, Greentown, IN, 46936 generates $1,249/mo in rent, after a $1,297/mo payment. Total monthly income is $1,249/mo. Return on cash invested sits at 15.24% in year one, and rental yield is 5.66% on a $264,900 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation builds toward $73,187 over five years. Five-year ROI reaches 77.6% and total cumulative return in cash sums $68,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,249/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46936, Greentown, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,565 (100%) |
| Owner Occupied HU | 2,035 (79.3%) |
| Renter Occupied HU | 343 (13.4%) |
| Vacant Housing Units | 187 ( 7.3%) |
| Median Home Value | $245,673 |
| Average Home Value | $260,048 |
Residential
2,357
Single Family
2,314
Multi-Family
43
Businesses
103
Date | Event | Price |
|---|---|---|
| 2024-02-27 | Sold | $237,000 |
| 2024-01-30 | Pending sale | $244,900 |
| 2024-01-22 | Price change | $244,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-23 | $1781.12 | -7.37% | $218,500 | 7.79% |
| 2023-04-23 | $1922.78 | 28.38% | $202,700 | 3.68% |
| 2022-04-23 | $1497.70 | 19.13% | $195,500 | 18.77% |
Listed by: Cammy Burton • RE/MAX Anew Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513942
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
