10919 Remington Pl,Saint John,IN,46373

Investment Highlights

Investment property for sale in Saint John at 10919 Remington Pl, Saint John, IN, 46373 offers a 8.46% rental yield on a $304,990 purchase with $2,150/mo rent. Total monthly income registers $2,150/mo, and a $1,493/mo payment leaves $319/mo available for distribution. Annual cash flow reaches $3,828/yr on $101,104 to close, and return on cash invested stands at 23.69% in year one. Equity gained on principal adds $1,968/yr while 5% annual appreciation supports $84,263 over five years. Portfolio math shows five-year ROI at 122.89% and total cumulative return in cash at $124,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,150/mo property income against a $1,493/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.