12025 Heron Lake Rd,Saint John,IN,46373

Investment Highlights

Investment property for sale in Saint John at 12025 Heron Lake Rd, Saint John, IN, 46373 offers a 9.42% rental yield on a $597,500 purchase with $4,692/mo rent. Total monthly income registers $4,692/mo, and a $2,924/mo payment leaves $1,106/mo available for distribution. Annual cash flow reaches $13,269/yr on $196,578 to close, and return on cash invested stands at 26.81% in year one. Equity gained on principal adds $3,856/yr while 5% annual appreciation supports $165,078 over five years. Portfolio math shows five-year ROI at 139.56% and total cumulative return in cash at $274,351. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,692/mo property income against a $2,924/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.