2672 Niewoehner Rd, Richmond, IN, 47374 | 6.49% Rental Yield

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 2672 Niewoehner Rd, Richmond, IN, 47374 offers a 6.49% rental yield on a $375,000 purchase with $2,029/mo rent. 77% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 91.15% and total cumulative return in cash at $113,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,029/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

4.82 Acres lot

$N/A/sqft

No HOA