2167 Meridian Springs Ln

Greenfield, IN 46140
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3 bd, 2 ba | 1,444 sqft | Built in 2009

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List Price
$263,900

Initial Investment

$71,913

Purchase Price

$263,900

Down Payment

25%

Rent

$1,620

Total Return

$116,794

Annualized Return

20.7%

Cap Rate

4.9%

Gross Yield

7.4%

Cash Flow

-$2,091

Appreciation

8.3%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,667

HOA

$44/mo

Flood Risk

Not Required

Enter through a generous foyer into this charming 3-bedroom, 2-bath split-bedroom ranch, where style meets functionality. Vaulted ceilings enhance the open floor plan, creating an airy ambiance, while the wood-burning fireplace offers a cozy focal point with its gentle warmth. The eat-in kitchen impresses with all-new stainless steel appliances-including a versatile double oven-complemented by extra cabinets and a spacious pantry, perfect for both cooking and storage. A dedicated laundry room includes a paid water softener, adding a touch of convenience to daily life. The primary bedroom is a private retreat, featuring a decorative ledge, a sizable walk-in closet, and an ensuite bathroom with a soothing garden tub and separate shower. Two additional bedrooms offer nice-sized closets and share a well-designed full bath across the hall, ideal for family or guests. This home also has a practical 2-car garage and access to a welcoming community with a private clubhouse, refreshing pool, and engaging playground. Move-in ready and thoughtfully appointed, this ranch is an excellent find-schedule your showing today!

See more in Analysis
Andre Grimes
Roofstock Realty LLC - IN
IN Agent License #RB17000254

Annual Financial Highlights

Expected Rent

$18,468

Expenses

-$3,812

Property Taxes

-$2,400

Loan Payments

-$14,347

Net Cash Flow

-$2,091

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:John DeWitt
Agent License RB23000864
Trueblood Real Estate
Certified Agent Brokerage:Andre Grimes
Roofstock Realty LLC - IN
IN Brokerage License RC5160181
SourceMIBOR REALTOR® Association
MLS #22023869
Last Updated: 03/13/2025 16:03
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