1324 E Main St, Richmond, IN, 47374 | $163/mo Cash Flow

For Sale

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 1324 E Main St, Richmond, IN, 47374 earns $163/mo cash flow from $823/mo rent with a $538/mo payment. Total monthly income totals $823/mo, and annual cash flow totals $1,957/yr on $36,465 capital. ROI tracks 25.28% on current figures, and rental yield reads 8.98% at a $110,000 purchase. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 over five years. Five-year ROI reaches 131.5% and total cumulative return in cash sums $47,952. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $823/mo property income instead of your personal income.

Multi Family

Built in 1880

N/A lot

$N/A/sqft

No HOA