106 W Detchon StNew RichmondIN47967
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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
Investment Highlights
Investment property for sale in New Richmond at 106 W Detchon St, New Richmond, IN, 47967 with 5% annual appreciation on a $194,900 basis while $0/mo rent supports operations. 82% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,847 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
0.50 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: John Downey • F.C. Tucker West Central
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22065678