Glenborough Plan, Village Cooperative of Westfield (Active Adults 62+),2d7pm6 Carmel,IN,46032

Investment Highlights

Investment property for sale in 2d7pm6 Carmel at Glenborough Plan, Village Cooperative of Westfield (Active Adults 62+), 2d7pm6 Carmel, IN, 46032 offers a 8.45% rental yield on a $214,000 purchase with $1,507/mo rent. Total monthly income registers $1,507/mo, and a $1,047/mo payment leaves $223/mo available for distribution. Annual cash flow reaches $2,674/yr on $70,941 to close, and return on cash invested stands at 23.68% in year one. Equity gained on principal adds $1,381/yr while 5% annual appreciation supports $59,124 over five years. Portfolio math shows five-year ROI at 122.81% and total cumulative return in cash at $87,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,507/mo property income against a $1,047/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.