DaVinci Plan, Parkrose, Greenfield, IN, 46140 | $173/mo Cash Flow

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DaVinci Plan, Parkrose, Greenfield, IN, 46140 | $173/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

Rental property for sale in Greenfield at DaVinci Plan, Parkrose, Greenfield, IN, 46140 priced at $309,990 converts $2,034/mo rent into $173/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,034/mo, and annual cash flow totals $2,081/yr on $102,762 invested. Return on cash invested prints 21.93% in year one, and rental yield reads 7.87% against a $309,990 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,645 by year five. Five-year ROI reaches 113.47% and total cumulative return in cash sums $116,608. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,034/mo property income covering a $1,517/mo payment, not borrower’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The DaVinci by Fischer Homes offers a flexible and thoughtfully designed layout perfect for modern living. The home features an owners suite with a walk-in closet and the option for a direct laundry room connection for added convenience. The open kitchen design includes a large island with seating and flows seamlessly into the expansive family room, which can be enhanced with an optional tray ceiling. Customize the layout with options like a study or a living/dining area in place of the third bedroom. Additional features include two bedrooms, optional window and door configurations for the morning room, and a 2-foot morning room expansion. The owners bath offers customization options, including a tub or a 5-foot shower. The DaVinci combines style, flexibility, and comfort to suit your lifestyle.

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