10013 S 675 W,Silver Lake,IN,46982

Investment Highlights

Investment property for sale in Silver Lake at 10013 S 675 W, Silver Lake, IN, 46982 listed at $389,900 pairs $2,514/mo rent with a $1,908/mo payment to leave $174/mo cash flow. Total monthly income runs $2,514/mo, and annual cash flow reaches $2,086/yr on $129,252 cash to close. Return on cash invested measures 21.52% in year one, and rental yield registers 7.74% at a $389,900 basis. Equity gained on principal adds $2,516/yr, and annual property appreciation at 5% supports $107,722 by year five. Five-year ROI tracks 111.24% and total cumulative return in cash totals $143,785. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,514/mo property income relative to a $1,908/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).