Elements 2700 Plan, Morningside,Lakeville,IN,46536

Investment Highlights

Investment property for sale in Lakeville at Elements 2700 Plan, Morningside, Lakeville, IN, 46536 offers a 10.5% rental yield on a $419,600 purchase with $3,672/mo rent. Total monthly income registers $3,672/mo, and a $2,054/mo payment leaves $1,153/mo available for distribution. Annual cash flow reaches $13,835/yr on $139,097 to close, and return on cash invested stands at 29.86% in year one. Equity gained on principal adds $2,708/yr while 5% annual appreciation supports $115,928 over five years. Portfolio math shows five-year ROI at 155.93% and total cumulative return in cash at $216,901. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,672/mo property income against a $2,054/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.