1437 Millridge Dr,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at 1437 Millridge Dr, Greenwood, IN, 46143 uses $74,554 cash to close to unlock $8,709/yr annual cash flow and $726/mo monthly cash flow. Total monthly income runs $2,076/mo, and a $1,101/mo payment keeps the spread at $726/mo. Purchase price stands at $224,900, and rental yield measures 11.08% with $2,076/mo rent. Return on cash invested shows 31.59% in year one, and 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 165.26% and total cumulative return in cash records $123,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,076/mo property income covering a $1,101/mo payment rather than investor’s personal income.