1121 Archdale DrRichmondIN47374
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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
Rental property for sale in Richmond at 1121 Archdale Dr, Richmond, IN, 47374 offers $2,045/mo rent that, after a $2,447/mo payment. Total monthly income is $2,045/mo. Return on cash invested measures 12.99% in year one, and rental yield stands at 4.91% at a $499,900 entry. Equity gained on principal adds $3,226/yr while 5% annual appreciation compounds into $138,113 by year five. Five-year ROI records 65.47% and total cumulative return in cash reaches $108,492. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,045/mo property income versus a $2,447/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Kyle Tom • Coldwell Banker Lingle
Mls Name: RLMS
Mls Provider:
Mls ID: #10035036
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.