1472 Heinbaugh RdRichmondIN47374
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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
Investment Highlights
Investment property for sale in Richmond at 1472 Heinbaugh Rd, Richmond, IN, 47374 listed at $295,500 pairs $1,692/mo rent with a $1,446/mo payment. Total monthly income runs $1,692/mo. Return on cash invested measures 18.16% in year one, and rental yield registers 6.87% at a $295,500 basis. Equity gained on principal adds $1,907/yr, and annual property appreciation at 5% supports $81,641 by year five. Five-year ROI tracks 93.53% and total cumulative return in cash totals $91,623. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,692/mo property income relative to a $1,446/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
3.24 Acres lot
$N/A/sqft
No HOA
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Listed by: Rhonda Duning • Coldwell Banker Lingle
Mls Name: RLMS
Mls Provider:
Mls ID: #10051296
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