450 E Mulberry Ct,Glenwood,IL,60425

Investment Highlights

Investment property for sale in Glenwood at 450 E Mulberry Ct, Glenwood, IL, 60425 listed at $245,000 pairs $1,697/mo rent with a $1,199/mo payment. Total monthly income runs $1,697/mo. Return on cash invested measures 19.88% in year one, and rental yield registers 8.31% at a $245,000 basis. Equity gained on principal adds $1,581/yr, and annual property appreciation at 5% supports $67,689 by year five. Five-year ROI tracks 103.63% and total cumulative return in cash totals $84,168. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,697/mo property income relative to a $1,199/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).