1203 Fairacres RdRichmondIN47374
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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 Richmond at 1203 Fairacres Rd, Richmond, IN, 47374 earns $511/mo cash flow from $1,351/mo rent with a $685/mo payment. Total monthly income totals $1,351/mo, and annual cash flow totals $6,131/yr on $46,377 capital. ROI tracks 33.13% on current figures, and rental yield reads 11.59% at a $139,900 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,652 over five years. Five-year ROI reaches 173.47% and total cumulative return in cash sums $80,451. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,351/mo property income instead of your personal income.
Manufactured
Built in 1999
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rob Johnson • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050967
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