2226 Charleston PlRichmondIN47374
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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 2226 Charleston Pl, Richmond, IN, 47374 at $325,000 posts ROI 14.5% with from $1,609/mo rent. Total monthly income equals $1,609/mo. Return on cash invested measures 14.5% and rental yield reads 5.94% at the current $325,000. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 by year five. Five-year ROI prints 74.19% and total cumulative return in cash totals $79,933. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,609/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2005
9,496 sqft lot
$N/A/sqft
$255 quarterly HOA
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Nearby investment properties with comparable prices
Listed by: Rebecca Cate • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050696
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