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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richland at 1124 N Maple St, Richland, IN, 47634 listed at $145,000 pairs $1,110/mo rent with a $710/mo payment to leave $239/mo cash flow. Total monthly income runs $1,110/mo, and annual cash flow reaches $2,871/yr on $48,068 cash to close. Return on cash invested measures 25.88% in year one, and rental yield registers 9.19% at a $145,000 basis. Equity gained on principal adds $936/yr, and annual property appreciation at 5% supports $40,061 by year five. Five-year ROI tracks 134.73% and total cumulative return in cash totals $64,760. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,110/mo property income relative to a $710/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47634, Richland, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 783 (80.3%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 96 ( 9.8%) |
| Median Home Value | $204,752 |
| Average Home Value | $231,360 |
Residential
945
Single Family
945
Multi-Family
0
Businesses
27
Date | Event | Price |
|---|---|---|
| 2025-06-30 | Listed for sale | $145,000 |
| 2021-01-11 | Sold | $97,500 |
| 2020-10-13 | Pending sale | $89,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-01 | N/A | N/A | $99,400 | 7.69% |
| 2023-07-01 | N/A | N/A | $92,300 | 16.10% |
| 2022-07-01 | N/A | N/A | $79,500 | 68.43% |
Listed by: Diana Feuerbach • Key Associates of Rockport IN
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525056
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.
