1217 Lucca Dr,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at 1217 Lucca Dr, Greenwood, IN, 46143 listed at $415,000 pairs $3,262/mo rent with a $2,031/mo payment to leave $771/mo cash flow. Total monthly income runs $3,262/mo, and annual cash flow reaches $9,252/yr on $137,573 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 9.43% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 138.69% and total cumulative return in cash totals $190,797. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,262/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).