2919 Strader 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
Investment property for sale in Richmond at 2919 Strader Rd, Richmond, IN, 47374 earns $223/mo cash flow from $1,631/mo rent with a $1,148/mo payment. Total monthly income totals $1,631/mo, and annual cash flow totals $2,677/yr on $77,737 capital. ROI tracks 23.35% on current figures, and rental yield reads 8.35% at a $234,500 purchase. Equity gained on principal adds $1,513/yr, and 5% annual appreciation supports $64,788 over five years. Five-year ROI reaches 121.12% and total cumulative return in cash sums $94,156. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,631/mo property income instead of your personal income.
Single Family
Built in 1965
1.09 Acres lot
$N/A/sqft
No HOA
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Listed by: Debbie Rudd • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050628
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.