432 S Meridian St,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at 432 S Meridian St, Greenwood, IN, 46143 uses $105,749 cash to close to unlock $1,793/yr annual cash flow and $149/mo monthly cash flow. Total monthly income runs $2,064/mo, and a $1,561/mo payment keeps the spread at $149/mo. Purchase price stands at $319,000, and rental yield measures 7.76% with $2,064/mo rent. Return on cash invested shows 21.6% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 111.7% and total cumulative return in cash records $118,117. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,064/mo property income covering a $1,561/mo payment rather than investor’s personal income.