1330 Glendale Dr, Richmond, IN, 47374 | 6.95% Rental Yield

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

Rental property for sale in Richmond at 1330 Glendale Dr, Richmond, IN, 47374 priced at $226,999 pairs $1,314/mo rent with after a $1,111/mo payment. Total monthly income equals $1,314/mo. Return on cash invested is 19.13% in year one, and rental yield stands at 6.95% on a $226,999 basis. Equity gained on principal adds $1,465/yr, and 5% annual appreciation accumulates to $62,716 by year five. Five-year ROI measures 98.49% and total cumulative return in cash reaches $74,113. For financing, Ziffy Mortgage’s DSCR program evaluates $1,314/mo property income against a $1,111/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1954

0.69 Acres lot

$N/A/sqft

No HOA