203 NW 17th St, Richmond, IN, 47374 | $295/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1192 sft

900 W Main St, Richmond, IN, 47374

3 Bed
2 Bath
1932 sft

1623 S East St, Richmond, IN, 47374

1 Bed
1 Bath
1200 sft

3193 E 800 S, Lynn, IN, 47355

4 Bed
3 Bath
2112 sft

519 W 9th St, Connersville, IN, 47331

Nearby investment properties with comparable prices

3 Bed
1 Bath
1536 sft

703 Richmond Ave, Richmond, IN, 47374

2 Bed
1 Bath
1036 sft

1824 Boulevard Pl, Connersville, IN, 47331

2 Bed
1 Bath
1161 sft

317 W 24th St, Connersville, IN, 47331

4 Bed
1 Bath
1472 sft

1122 Sheridan St, Richmond, IN, 47374

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Richmond at 203 NW 17th St, Richmond, IN, 47374 earns $295/mo cash flow from $1,135/mo rent with a $685/mo payment. Total monthly income totals $1,135/mo, and annual cash flow totals $3,538/yr on $46,410 capital. ROI tracks 27.53% on current figures, and rental yield reads 9.73% at a $139,999 purchase. Equity gained on principal adds $903/yr, and 5% annual appreciation supports $38,679 over five years. Five-year ROI reaches 143.47% and total cumulative return in cash sums $66,586. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,135/mo property income instead of your personal income.

Single Family

Built in 1949

8,276 sqft lot

$N/A/sqft

No HOA