10524 Morse Pl, Saint John, IN, 46373 | $1,140/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Saint John at 10524 Morse Pl, Saint John, IN, 46373 offers a 11.15% rental yield on a $346,990 purchase with $3,223/mo rent. Total monthly income registers $3,223/mo, and a $1,698/mo payment leaves $1,140/mo available for distribution. Annual cash flow reaches $13,685/yr on $115,027 to close, and return on cash invested stands at 31.81% in year one. Equity gained on principal adds $2,239/yr while 5% annual appreciation supports $95,867 over five years. Portfolio math shows five-year ROI at 166.41% and total cumulative return in cash at $191,417. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,223/mo property income against a $1,698/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2025

N/A lot

$N/A/sqft

No HOA