1136 Meriman Dr,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at 1136 Meriman Dr, Greenwood, IN, 46143 listed at $370,000 pairs $3,067/mo rent with a $1,811/mo payment to leave $846/mo cash flow. Total monthly income runs $3,067/mo, and annual cash flow reaches $10,151/yr on $122,655 cash to close. Return on cash invested measures 28.18% in year one, and rental yield registers 9.95% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 146.95% and total cumulative return in cash totals $180,245. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,067/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).