2713 S D St,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 2713 S D St, Richmond, IN, 47374 generates $1,333/mo in rent and, after a $930/mo payment, leaves $121/mo in cash flow. Total monthly income is $1,333/mo, and annual cash flow is $1,452/yr on $63,018 invested. Return on cash invested sits at 22.21% in year one, and rental yield is 8.41% on a $190,100 entry. Equity gained on principal adds $1,227/yr, while 5% annual appreciation builds toward $52,521 over five years. Five-year ROI reaches 115.54% and total cumulative return in cash sums $72,812. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,333/mo property income rather than buyer’s personal income.