2782 Salem Pl,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at 2782 Salem Pl, Greenwood, IN, 46143 offers a 7.78% rental yield on a $420,980 purchase with $2,729/mo rent. Total monthly income registers $2,729/mo, and a $2,060/mo payment leaves $202/mo available for distribution. Annual cash flow reaches $2,429/yr on $139,555 to close, and return on cash invested stands at 21.65% in year one. Equity gained on principal adds $2,717/yr while 5% annual appreciation supports $116,309 over five years. Portfolio math shows five-year ROI at 111.95% and total cumulative return in cash at $156,231. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,729/mo property income against a $2,060/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.