NORFOLK Plan, The Gates of St. John Townhomes - Maple Gate,Saint John,IN,46373

Investment Highlights

Rental property for sale in Saint John at NORFOLK Plan, The Gates of St. Total monthly income is $1,943/mo, and annual cash flow is $2,431/yr on $96,132 cash. Return on cash invested measures 22.44% in year one, and rental yield stands at 8.04% at a $289,990 entry. Equity gained on principal adds $1,871/yr while 5% annual appreciation compounds into $80,119 by year five. Five-year ROI records 116.17% and total cumulative return in cash reaches $111,673. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,943/mo property income versus a $1,419/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.