256 Caplinger Pl,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at 256 Caplinger Pl, Greenwood, IN, 46143 priced at $357,200 converts $2,614/mo rent into $415/mo cash flow after a $1,748/mo obligation. Total monthly income equals $2,614/mo, and annual cash flow totals $4,977/yr on $118,412 invested. Return on cash invested prints 24.11% in year one, and rental yield reads 8.78% against a $357,200 entry. Equity gained on principal adds $2,305/yr, while 5% annual appreciation compiles into $98,688 by year five. Five-year ROI reaches 125.33% and total cumulative return in cash sums $148,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,614/mo property income covering a $1,748/mo payment, not borrower’s personal income.