Chatham Plan, Lone Pine Farms,Greenwood,IN,46143

Investment Highlights

Investment property for sale in Greenwood at Chatham Plan, Lone Pine Farms, Greenwood, IN, 46143 listed at $349,900 pairs $2,423/mo rent with a $1,713/mo payment to leave $322/mo cash flow. Total monthly income runs $2,423/mo, and annual cash flow reaches $3,866/yr on $115,992 cash to close. Return on cash invested measures 23.24% in year one, and rental yield registers 8.31% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 120.5% and total cumulative return in cash totals $139,770. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,423/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).