1891 SW I Ct, Richmond, IN, 47374 | $549/mo Cash Flow

Off market

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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 1891 SW I Ct, Richmond, IN, 47374 priced at $185,100 pairs $1,660/mo rent with $549/mo cash flow after a $906/mo payment. Total monthly income equals $1,660/mo, and annual cash flow comes to $6,586/yr on $61,361 invested. Return on cash invested is 30.64% in year one, and rental yield stands at 10.76% on a $185,100 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,140 by year five. Five-year ROI measures 160.14% and total cumulative return in cash reaches $98,266. For financing, Ziffy Mortgage’s DSCR program evaluates $1,660/mo property income against a $906/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

0.26 Acres lot

$N/A/sqft

No HOA