8261 W Red Snapper Dr,Kimmell,IN,46760

Investment Highlights

Investment property for sale in Kimmell at 8261 W Red Snapper Dr, Kimmell, IN, 46760 with 5% annual appreciation on a $199,900 basis while $1,361/mo rent supports operations. Total monthly income totals $1,361/mo and a $978/mo payment preserves $161/mo for cash returns. Annual cash flow comes to $1,937/yr on $66,267 deployed, and return on cash invested reaches 22.83% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 8.17%. Five-year ROI measures 118.32% and total cumulative return in cash totals $78,409.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,361/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.