The Heath House Plan, Meadowbrook Estates North Extension,Eaton,IN,47338

Investment Highlights

Investment property for sale in Eaton at The Heath House Plan, Meadowbrook Estates North Extension, Eaton, IN, 47338 offers a 7.43% rental yield on a $371,000 purchase with $2,298/mo rent. Total monthly income registers $2,298/mo, and a $1,816/mo payment leaves $71/mo available for distribution. Annual cash flow reaches $850/yr on $122,987 to close, and return on cash invested stands at 20.6% in year one. Equity gained on principal adds $2,394/yr while 5% annual appreciation supports $102,500 over five years. Portfolio math shows five-year ROI at 106.3% and total cumulative return in cash at $130,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,298/mo property income against a $1,816/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.