203 SW 18th St, Richmond, IN, 47374 | $204/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

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

Investment property for sale in Richmond at 203 SW 18th St, Richmond, IN, 47374 earns $204/mo cash flow from $858/mo rent with a $533/mo payment. Total monthly income totals $858/mo, and annual cash flow totals $2,452/yr on $36,100 capital. ROI tracks 26.7% on current figures, and rental yield reads 9.45% at a $108,900 purchase. Equity gained on principal adds $703/yr, and 5% annual appreciation supports $30,087 over five years. Five-year ROI reaches 139.12% and total cumulative return in cash sums $50,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $858/mo property income instead of your personal income.

Single Family

Built in 1920

5,841 sqft lot

$N/A/sqft

No HOA