302 SW 4th St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 302 SW 4th St, Richmond, IN, 47374 listed at $159,000 pairs $1,572/mo rent with a $778/mo payment to leave $618/mo cash flow. Total monthly income runs $1,572/mo, and annual cash flow reaches $7,413/yr on $52,709 cash to close. Return on cash invested measures 33.97% in year one, and rental yield registers 11.86% at a $159,000 basis. Equity gained on principal adds $1,026/yr, and annual property appreciation at 5% supports $43,929 by year five. Five-year ROI tracks 178.03% and total cumulative return in cash totals $93,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,572/mo property income relative to a $778/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).