105 S 34th St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 105 S 34th St, Richmond, IN, 47374 offers a 10.68% rental yield on a $150,500 purchase with $1,339/mo rent. Total monthly income registers $1,339/mo, and a $737/mo payment leaves $435/mo available for distribution. Annual cash flow reaches $5,222/yr on $49,891 to close, and return on cash invested stands at 30.38% in year one. Equity gained on principal adds $971/yr while 5% annual appreciation supports $41,580 over five years. Portfolio math shows five-year ROI at 158.83% and total cumulative return in cash at $79,243. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,339/mo property income against a $737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.