Ironwood Plan, Trails at Grassy Creek,Indianapolis,IN,46229

Investment Highlights

Investment property for sale in Indianapolis at Ironwood Plan, Trails at Grassy Creek, Indianapolis, IN, 46229 listed at $285,995 pairs $2,718/mo rent with a $1,400/mo payment to leave $1,001/mo cash flow. Total monthly income runs $2,718/mo, and annual cash flow reaches $12,012/yr on $94,807 cash to close. Return on cash invested measures 32.58% in year one, and rental yield registers 11.4% at a $285,995 basis. Equity gained on principal adds $1,845/yr, and annual property appreciation at 5% supports $79,015 by year five. Five-year ROI tracks 170.59% and total cumulative return in cash totals $161,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,718/mo property income relative to a $1,400/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).