1075 University Blvd,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 1075 University Blvd, Richmond, IN, 47374 listed at $158,700 pairs $1,241/mo rent with a $777/mo payment to leave $288/mo cash flow. Total monthly income runs $1,241/mo, and annual cash flow reaches $3,457/yr on $52,609 cash to close. Return on cash invested measures 26.48% in year one, and rental yield registers 9.38% at a $158,700 basis. Equity gained on principal adds $1,024/yr, and annual property appreciation at 5% supports $43,846 by year five. Five-year ROI tracks 137.91% and total cumulative return in cash totals $72,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,241/mo property income relative to a $777/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).