2526 Birch DrRichmondIN47374
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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
Rental property for sale in Richmond at 2526 Birch Dr, Richmond, IN, 47374 offers $1,806/mo rent that, after a $898/mo payment, leaves $612/mo cash flow. Total monthly income is $1,806/mo, and annual cash flow is $7,343/yr on $60,830 cash. Return on cash invested measures 31.98% in year one, and rental yield stands at 11.81% at a $183,500 entry. Equity gained on principal adds $1,184/yr while 5% annual appreciation compounds into $50,698 by year five. Five-year ROI records 167.97% and total cumulative return in cash reaches $102,180. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,806/mo property income versus a $898/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Kim Claypoole • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050750
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