1300 Chester Blvd, Richmond, IN, 47374 | $1,041/mo Cash Flow

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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 1300 Chester Blvd, Richmond, IN, 47374 with 5% annual appreciation on a $190,000 basis while $2,182/mo rent supports operations. Total monthly income totals $2,182/mo and a $930/mo payment preserves $1,041/mo for cash returns. Annual cash flow comes to $12,497/yr on $62,985 deployed, and return on cash invested reaches 39.75% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 13.78%. Five-year ROI measures 209.02% and total cumulative return in cash totals $131,652.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,182/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1920

0.89 Acres lot

$N/A/sqft

No HOA