2412 S East St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 2412 S East St, Richmond, IN, 47374 at $211,100 posts ROI 22.86% with $172/mo cash flow from $1,439/mo rent. Total monthly income equals $1,439/mo, and annual cash flow records $2,064/yr on $69,980 to close. Return on cash invested measures 22.86% and rental yield reads 8.18% at the current $211,100. Equity gained on principal adds $1,362/yr, and 5% annual appreciation supports $58,323 by year five. Five-year ROI prints 118.46% and total cumulative return in cash totals $82,897.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,439/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).