135 S 21st St, Richmond, IN, 47374 | $680/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

Rental property for sale in Richmond at 135 S 21st St, Richmond, IN, 47374 generates $1,946/mo in rent and, after a $1,032/mo payment, leaves $680/mo in cash flow. Total monthly income is $1,946/mo, and annual cash flow is $8,163/yr on $69,913 invested. Return on cash invested sits at 31.58% in year one, and rental yield is 11.07% on a $210,900 entry. Equity gained on principal adds $1,361/yr, while 5% annual appreciation builds toward $58,268 over five years. Five-year ROI reaches 165.27% and total cumulative return in cash sums $115,546. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,946/mo property income rather than buyer’s personal income.

Single Family

Built in 1925

7,840 sqft lot

$N/A/sqft

No HOA