2923 Rolling Dr,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 2923 Rolling Dr, Richmond, IN, 47374 listed at $219,999 pairs $1,997/mo rent with a $1,077/mo payment to leave $676/mo cash flow. Total monthly income runs $1,997/mo, and annual cash flow reaches $8,114/yr on $72,930 cash to close. Return on cash invested measures 31.03% in year one, and rental yield registers 10.89% at a $219,999 basis. Equity gained on principal adds $1,420/yr, and annual property appreciation at 5% supports $60,782 by year five. Five-year ROI tracks 162.32% and total cumulative return in cash totals $118,379. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,997/mo property income relative to a $1,077/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).