112 SW 4th StRichmondIN47374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Richmond at 112 SW 4th St, Richmond, IN, 47374 offers $1,704/mo rent that, after a $866/mo payment, leaves $642/mo cash flow. Total monthly income is $1,704/mo, and annual cash flow is $7,702/yr on $58,676 cash. Return on cash invested measures 33.04% in year one, and rental yield stands at 11.55% at a $177,000 entry. Equity gained on principal adds $1,142/yr while 5% annual appreciation compounds into $48,902 by year five. Five-year ROI records 172.98% and total cumulative return in cash reaches $101,495. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,704/mo property income versus a $866/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rebecca Cate • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050771
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.