Greenfield Plan, Magnolia Ridge,Noblesville,IN,46062

Investment Highlights

Rental property for sale in Noblesville at Greenfield Plan, Magnolia Ridge, Noblesville, IN, 46062 generates $3,523/mo in rent and, after a $2,202/mo payment, leaves $822/mo in cash flow. Total monthly income is $3,523/mo, and annual cash flow is $9,867/yr on $149,172 invested. Return on cash invested sits at 26.52% in year one, and rental yield is 9.39% on a $449,990 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,324 over five years. Five-year ROI reaches 138.08% and total cumulative return in cash sums $205,983. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,523/mo property income rather than buyer’s personal income.