10003 E 625 S,Monterey,IN,46960

Investment Highlights

Investment property for sale in Monterey at 10003 E 625 S, Monterey, IN, 46960 listed at $256,100 pairs $2,140/mo rent with a $1,253/mo payment to leave $603/mo cash flow. Total monthly income runs $2,140/mo, and annual cash flow reaches $7,238/yr on $84,897 cash to close. Return on cash invested measures 28.43% in year one, and rental yield registers 10.03% at a $256,100 basis. Equity gained on principal adds $1,653/yr, and annual property appreciation at 5% supports $70,756 by year five. Five-year ROI tracks 148.36% and total cumulative return in cash totals $125,957. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,140/mo property income relative to a $1,253/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).