2104 Grand Blvd, Richmond, IN, 47374 | $88/mo Cash Flow

For Sale

Rental Income

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
- sft

101 Northcreek Dr, Lewisburg, OH, 45338

3 Bed
1 Bath
1386 sft

230 W High St, Eaton, OH, 45320

3 Bed
1 Bath
1200 sft

1305 S 15th St, Richmond, IN, 47374

7 Bed
3 Bath
3192 sft

1020 S C St, Richmond, IN, 47374

Nearby investment properties with comparable prices

4 Bed
3 Bath
1562 sft

1701 N Grand Ave, Connersville, IN, 47331

2 Bed
1 Bath
816 sft

114 Holly St, Connersville, IN, 47331

2 Bed
1 Bath
1168 sft

1419 Fayette St, Connersville, IN, 47331

2 Bed
1 Bath
954 sft

2040 Indiana Ave, Connersville, IN, 47331

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 2104 Grand Blvd, Richmond, IN, 47374 uses $44,753 cash to close to unlock $1,060/yr annual cash flow and $88/mo monthly cash flow. Total monthly income runs $899/mo, and a $661/mo payment keeps the spread at $88/mo. Purchase price stands at $135,000, and rental yield measures 7.99% with $899/mo rent. Return on cash invested shows 22.28% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 115.38% and total cumulative return in cash records $51,637. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $899/mo property income covering a $661/mo payment rather than investor’s personal income.

Multi Family

Built in 1900

3,920 sqft lot

$N/A/sqft

No HOA