205 S 19th StRichmondIN47374
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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 205 S 19th St, Richmond, IN, 47374 offers a 6.05% rental yield on a $229,999 purchase with $1,160/mo rent. 43% in year one. Equity gained on principal adds $1,484/yr while 5% annual appreciation supports $63,544 over five years. Portfolio math shows five-year ROI at 84.02% and total cumulative return in cash at $64,062. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,160/mo property income against a $1,126/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Rhonda Duning • Coldwell Banker Lingle
Mls Name: RLMS
Mls Provider:
Mls ID: #10050793
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