224 SW 19th St, Richmond, IN, 47374 | $200/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

1 Bed
1 Bath
4096 sft

209 E Church St, Lynn, IN, 47355

5 Bed
1 Bath
3112 sft

4289 E Everton Rd, Connersville, IN, 47331

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

Nearby investment properties with comparable prices

Investment Property+ 2 more

3 Bed
2 Bath
1920 sft

2234 Iowa Ave, Connersville, IN, 47331

3 Bed
1 Bath
1386 sft

230 W High St, Eaton, OH, 45320

2 Bed
2 Bath
1536 sft

119 S Villa Dr, Connersville, IN, 47331

3 Bed
1 Bath
1200 sft

1305 S 15th St, Richmond, IN, 47374

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 224 SW 19th St, Richmond, IN, 47374 uses $36,134 cash to close to unlock $2,402/yr annual cash flow and $200/mo monthly cash flow. Total monthly income runs $855/mo, and a $534/mo payment keeps the spread at $200/mo. Purchase price stands at $109,000, and rental yield measures 9.41% with $855/mo rent. Return on cash invested shows 26.56% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 138.38% and total cumulative return in cash records $50,002. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $855/mo property income covering a $534/mo payment rather than investor’s personal income.

Single Family

Built in 1952

7,405 sqft lot

$N/A/sqft

No HOA