Greybrook Plan, Ashlar Pointe, Woodburn, IN, 46797 | 3.12% Rental Yield

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Greybrook Plan, Ashlar Pointe, Woodburn, IN, 46797 | 3.12% Rental Yield | Ziffy

For Sale

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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 Woodburn at Greybrook Plan, Ashlar Pointe, Woodburn, IN, 46797 generates $1,132/mo in rent, after a $2,129/mo payment. Total monthly income is $1,132/mo. Return on cash invested sits at 7.6% in year one, and rental yield is 3.12% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 36.59% and total cumulative return in cash sums $52,764. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,132/mo property income rather than buyer’s personal income.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

The Greybrook plan promotes a modern sense of relaxation and casual living with it's open floor plan concept. The custom kitchen features an angled island with breakfast bar and walk-in pantry. The great room features a 2-story vaulted ceiling and corner, direct-vent gas fireplace. The first floor also offers a separate flex room that can be used as a dining room, office, or den. The master bedroom is located on the main level and includes an ensuite bathroom with a shower, separate stool room, linen closet, and walk-in closet. The second level includes 3 bedrooms with a separate bath.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46797, Woodburn, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,519 (100%)
Owner Occupied HU	1,218 (80.2%)
Renter Occupied HU	222 (14.6%)
Vacant Housing Units	79 ( 5.2%)
Median Home Value	$276,336
Average Home Value	$325,562