902 Norfolk Ln,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at 902 Norfolk Ln, Greenwood, IN, 46143 generates $2,729/mo in rent and, after a $2,075/mo payment, leaves $184/mo in cash flow. Total monthly income is $2,729/mo, and annual cash flow is $2,209/yr on $140,554 invested. Return on cash invested sits at 21.48% in year one, and rental yield is 7.72% on a $423,995 entry. Equity gained on principal adds $2,736/yr, while 5% annual appreciation builds toward $117,142 over five years. Five-year ROI reaches 111.06% and total cumulative return in cash sums $156,097. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,729/mo property income rather than buyer’s personal income.