Traditions 1600 Plan, Morningside,Lakeville,IN,46536

Investment Highlights

Investment property for sale in Lakeville at Traditions 1600 Plan, Morningside, Lakeville, IN, 46536 offers a 8.02% rental yield on a $379,900 purchase with $2,539/mo rent. Total monthly income registers $2,539/mo, and a $1,859/mo payment leaves $259/mo available for distribution. Annual cash flow reaches $3,107/yr on $125,937 to close, and return on cash invested stands at 22.38% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 115.82% and total cumulative return in cash at $145,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,539/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.