312 SW H StRichmondIN47374
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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 312 SW H St, Richmond, IN, 47374 generates $1,238/mo in rent and, after a $783/mo payment, leaves $278/mo in cash flow. Total monthly income is $1,238/mo, and annual cash flow is $3,333/yr on $53,007 invested. Return on cash invested sits at 26.2% in year one, and rental yield is 9.29% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 136.34% and total cumulative return in cash sums $72,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,238/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
8,880 sqft lot
$N/A/sqft
No HOA
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Listed by: Donna Backmeyer • FC Tucker Richmond
Mls Name: RLMS
Mls Provider:
Mls ID: #10051518
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