106 E Sycamore St,Silver Lake,IN,46982

Investment Highlights

Rental property for sale in Silver Lake at 106 E Sycamore St, Silver Lake, IN, 46982 priced at $169,900 converts $1,667/mo rent into $647/mo cash flow after a $832/mo obligation. Total monthly income equals $1,667/mo, and annual cash flow totals $7,760/yr on $56,322 invested. Return on cash invested prints 33.69% in year one, and rental yield reads 11.77% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 176.5% and total cumulative return in cash sums $99,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,667/mo property income covering a $832/mo payment, not borrower’s personal income.