1014 Lancashire Dr,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 1014 Lancashire Dr, Richmond, IN, 47374 listed at $344,900 pairs $2,057/mo rent with a $1,688/mo payment. Total monthly income runs $2,057/mo. Return on cash invested measures 19.77% in year one, and rental yield registers 7.16% at a $344,900 basis. Equity gained on principal adds $2,226/yr, and annual property appreciation at 5% supports $95,290 by year five. Five-year ROI tracks 101.86% and total cumulative return in cash totals $116,457. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,057/mo property income relative to a $1,688/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).