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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richmond at 1537 Hunters Pointe Dr, Richmond, IN, 47374 offers a 8.61% rental yield on a $432,500 purchase with $3,103/mo rent. Total monthly income registers $3,103/mo, and a $2,117/mo payment leaves $507/mo available for distribution. Annual cash flow reaches $6,080/yr on $143,374 to close, and return on cash invested stands at 24.15% in year one. Equity gained on principal adds $2,791/yr while 5% annual appreciation supports $119,492 over five years. Portfolio math shows five-year ROI at 125.34% and total cumulative return in cash at $179,707. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,103/mo property income against a $2,117/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
0.30 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-06 | Listing removed | $439,500 |
| 2025-07-14 | Pending sale | $439,500 |
| 2025-06-11 | Price change | $439,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $2470.00 | -0.04% | $281,200 | 13.85% |
| 2023-10-23 | $2471.00 | 7.48% | $247,000 | -0.04% |
| 2022-10-23 | $2299.00 | 3.14% | $247,100 | 7.48% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
