210 S 28th St, Richmond, IN, 47374 | $1,115/mo Cash Flow

Off market

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 210 S 28th St, Richmond, IN, 47374 uses $76,278 cash to close to unlock $13,380/yr annual cash flow and $1,115/mo monthly cash flow. Total monthly income runs $2,496/mo, and a $1,126/mo payment keeps the spread at $1,115/mo. Purchase price stands at $230,100, and rental yield measures 13.02% with $2,496/mo rent. Return on cash invested shows 37.45% in year one, and 5% annual appreciation builds toward $63,572 over five years. Five-year ROI reaches 196.64% and total cumulative return in cash records $149,990. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,496/mo property income covering a $1,126/mo payment rather than investor’s personal income.

Single Family

Built in 1968

0.35 Acres lot

$N/A/sqft

No HOA