1024 S Montgomery Rd,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at 1024 S Montgomery Rd, Greenwood, IN, 46143 generates $1,654/mo in rent and, after a $950/mo payment, leaves $489/mo in cash flow. Total monthly income is $1,654/mo, and annual cash flow is $5,868/yr on $64,311 invested. Return on cash invested sits at 29.03% in year one, and rental yield is 10.23% on a $194,000 entry. Equity gained on principal adds $1,252/yr, while 5% annual appreciation builds toward $53,599 over five years. Five-year ROI reaches 151.53% and total cumulative return in cash sums $97,448. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,654/mo property income rather than buyer’s personal income.