Pekin RoadGreenvilleIN47124
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe income profile at Pekin Road, Greenville, IN, 47124 in Greenville is straightforward: $150,000 in, $1,362/mo in rent, $462/mo out after debt service. The 10.9% gross yield and 2.02 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $41,442 by year five. With $1,382/yr in principal equity, the total cumulative return is projected at $86,504.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $462 | $150 |
City averages based on Greenville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,362 |
| Total Monthly Debt Service | $841 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Lot
Built in N/A
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Lot
Built in N/A
15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47124, Greenville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,795 (100%) |
| Owner Occupied HU | 1,559 (86.9%) |
| Renter Occupied HU | 164 ( 9.1%) |
| Vacant Housing Units | 72 ( 4.0%) |
| Median Home Value | $323,150 |
| Average Home Value | $347,131 |
Housing Distribution
Address Breakdown
Residential
1,876
Single Family
1,876
Multi-Family
0
Businesses
60
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Elmer Lambright • Schuler Bauer Real Estate Services ERA Powered
Mls Name: SIRA
Mls Provider:
Mls ID: #202405185
Disclaimer: IDX information is provided exclusively for consumers personal, noncommercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the SIRA MLS.