181 Test 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 181 Test Rd, Richmond, IN, 47374 earns $191/mo cash flow from $911/mo rent with a $587/mo payment. Total monthly income totals $911/mo, and annual cash flow totals $2,293/yr on $39,747 capital. ROI tracks 25.68% on current figures, and rental yield reads 9.12% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 133.66% and total cumulative return in cash sums $53,124. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $911/mo property income instead of your personal income.
Single Family
Built in 1962
55 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Sandy Taylor • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050780
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