Rialto Plan, The Retreat at Morse,Noblesville,IN,46062

Investment Highlights

Rental property for sale in Noblesville at Rialto Plan, The Retreat at Morse, Noblesville, IN, 46062 offers $2,514/mo rent that, after a $1,826/mo payment, leaves $275/mo cash flow. Total monthly income is $2,514/mo, and annual cash flow is $3,295/yr on $123,646 cash. Return on cash invested measures 22.57% in year one, and rental yield stands at 8.09% at a $372,990 entry. Equity gained on principal adds $2,407/yr while 5% annual appreciation compounds into $103,050 by year five. Five-year ROI records 116.89% and total cumulative return in cash reaches $144,536. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,514/mo property income versus a $1,826/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.