315 Rose Hill Ln,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 315 Rose Hill Ln, Richmond, IN, 47374 listed at $209,700 pairs $2,147/mo rent with a $1,026/mo payment to leave $889/mo cash flow. Total monthly income runs $2,147/mo, and annual cash flow reaches $10,663/yr on $69,516 cash to close. Return on cash invested measures 35.25% in year one, and rental yield registers 12.29% at a $209,700 basis. Equity gained on principal adds $1,353/yr, and annual property appreciation at 5% supports $57,936 by year five. Five-year ROI tracks 184.87% and total cumulative return in cash totals $128,513. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,147/mo property income relative to a $1,026/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).