223 SW 4th St, Richmond, IN, 47374 | $432/mo Cash Flow

For Sale

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 223 SW 4th St, Richmond, IN, 47374 uses $43,062 cash to close to unlock $5,184/yr annual cash flow and $432/mo monthly cash flow. Total monthly income runs $1,212/mo, and a $636/mo payment keeps the spread at $432/mo. Purchase price stands at $129,900, and rental yield measures 11.2% with $1,212/mo rent. Return on cash invested shows 31.95% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 167.27% and total cumulative return in cash records $72,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,212/mo property income covering a $636/mo payment rather than investor’s personal income.

Single Family

Built in 1925

5,800 sqft lot

$N/A/sqft

No HOA