1894 Niewoehner 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 1894 Niewoehner Rd, Richmond, IN, 47374 offers a 4.87% rental yield on a $445,000 purchase with $1,806/mo rent. 87% in year one. Equity gained on principal adds $2,872/yr while 5% annual appreciation supports $122,945 over five years. Portfolio math shows five-year ROI at 64.85% and total cumulative return in cash at $95,660. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,806/mo property income against a $2,178/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
2.55 Acres lot
$N/A/sqft
No HOA
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Listed by: Tiffany Hester • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10051108
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