10523 Morse Pl,Saint John,IN,46373

Investment Highlights

Investment property for sale in Saint John at 10523 Morse Pl, Saint John, IN, 46373 listed at $424,990 pairs $3,114/mo rent with a $2,080/mo payment to leave $563/mo cash flow. Total monthly income runs $3,114/mo, and annual cash flow reaches $6,756/yr on $140,884 cash to close. Return on cash invested measures 24.7% in year one, and rental yield registers 8.79% at a $424,990 basis. Equity gained on principal adds $2,742/yr, and annual property appreciation at 5% supports $117,417 by year five. Five-year ROI tracks 128.3% and total cumulative return in cash totals $180,758. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,114/mo property income relative to a $2,080/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).