2213 Autumn Way,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 2213 Autumn Way, Richmond, IN, 47374 offers $1,511/mo rent that, after a $1,025/mo payment, leaves $254/mo cash flow. Total monthly income is $1,511/mo, and annual cash flow is $3,046/yr on $69,449 cash. Return on cash invested measures 24.29% in year one, and rental yield stands at 8.65% at a $209,500 entry. Equity gained on principal adds $1,352/yr while 5% annual appreciation compounds into $57,881 by year five. Five-year ROI records 126.12% and total cumulative return in cash reaches $87,591. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,511/mo property income versus a $1,025/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.