1221 Abington Pike, Richmond, IN, 47374 | $744/mo Cash Flow

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond at 1221 Abington Pike, Richmond, IN, 47374 earns $744/mo cash flow from $1,828/mo rent with a $884/mo payment. Total monthly income totals $1,828/mo, and annual cash flow totals $8,926/yr on $59,869 capital. ROI tracks 34.82% on current figures, and rental yield reads 12.15% at a $180,600 purchase. Equity gained on principal adds $1,165/yr, and 5% annual appreciation supports $49,896 over five years. Five-year ROI reaches 182.56% and total cumulative return in cash sums $109,297. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,828/mo property income instead of your personal income.

Single Family

Built in 1946

0.29 Acres lot

$N/A/sqft

No HOA