924 Norfolk Ln,Greenwood,IN,46143

Investment Highlights

Rental property for sale in Greenwood at 924 Norfolk Ln, Greenwood, IN, 46143 offers $2,729/mo rent that, after a $1,965/mo payment, leaves $319/mo cash flow. Total monthly income is $2,729/mo, and annual cash flow is $3,829/yr on $133,061 cash. Return on cash invested measures 22.79% in year one, and rental yield stands at 8.16% at a $401,390 entry. Equity gained on principal adds $2,590/yr while 5% annual appreciation compounds into $110,897 by year five. Five-year ROI records 118.07% and total cumulative return in cash reaches $157,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,729/mo property income versus a $1,965/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.