329 Henley Rd,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 329 Henley Rd, Richmond, IN, 47374 offers $1,056/mo rent that, after a $1,074/mo payment. Total monthly income is $1,056/mo. Return on cash invested measures 15.6% in year one, and rental yield stands at 5.77% at a $219,500 entry. Equity gained on principal adds $1,416/yr while 5% annual appreciation compounds into $60,644 by year five. Five-year ROI records 79.5% and total cumulative return in cash reaches $57,850. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,056/mo property income versus a $1,074/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.