1424 Boyer St, Richmond, IN, 47374 | 4.54% Rental Yield

Pending

Fix & Flip

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 1424 Boyer St, Richmond, IN, 47374 earns from $490/mo rent with a $634/mo payment. Total monthly income totals $490/mo. ROI tracks 11.87% on current figures, and rental yield reads 4.54% at a $129,500 purchase. Equity gained on principal adds $836/yr, and 5% annual appreciation supports $35,778 over five years. Five-year ROI reaches 59.54% and total cumulative return in cash sums $25,562. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $490/mo property income instead of your personal income.

Single Family

Built in 1925

5,662 sqft lot

$N/A/sqft

No HOA