104 NW 18th St, Richmond, IN, 47374 | $426/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Richmond at 104 NW 18th St, Richmond, IN, 47374 earns $426/mo cash flow from $1,314/mo rent with a $724/mo payment. Total monthly income totals $1,314/mo, and annual cash flow totals $5,113/yr on $49,029 capital. ROI tracks 30.34% on current figures, and rental yield reads 10.66% at a $147,900 purchase. Equity gained on principal adds $954/yr, and 5% annual appreciation supports $40,862 over five years. Five-year ROI reaches 158.64% and total cumulative return in cash sums $77,779. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,314/mo property income instead of your personal income.

Single Family

Built in 1900

6,534 sqft lot

$N/A/sqft

No HOA