1163 Switchback Dr,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at 1163 Switchback Dr, Greenwood, IN, 46143 generates $2,076/mo in rent and, after a $1,664/mo payment, leaves $35/mo in cash flow. Total monthly income is $2,076/mo, and annual cash flow is $423/yr on $112,677 invested. Return on cash invested sits at 20.28% in year one, and rental yield is 7.33% on a $339,900 entry. Equity gained on principal adds $2,193/yr, while 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 104.65% and total cumulative return in cash sums $117,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,076/mo property income rather than buyer’s personal income.