121 SW I St,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 121 SW I St, Richmond, IN, 47374 generates $1,333/mo in rent and, after a $660/mo payment, leaves $523/mo in cash flow. Total monthly income is $1,333/mo, and annual cash flow is $6,282/yr on $44,719 invested. Return on cash invested sits at 33.96% in year one, and rental yield is 11.86% on a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation builds toward $37,270 over five years. Five-year ROI reaches 178% and total cumulative return in cash sums $79,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,333/mo property income rather than buyer’s personal income.