2892 Endsley RdRichmondIN47374
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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 2892 Endsley Rd, Richmond, IN, 47374 offers $2,107/mo rent that, after a $2,472/mo payment. Total monthly income is $2,107/mo. Return on cash invested measures 13.38% in year one, and rental yield stands at 5.01% at a $505,000 entry. Equity gained on principal adds $3,259/yr while 5% annual appreciation compounds into $139,522 by year five. Five-year ROI records 67.58% and total cumulative return in cash reaches $112,278. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,107/mo property income versus a $2,472/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
14.93 Acres lot
$N/A/sqft
No HOA
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Listed by: Tiffany Hester • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050602
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