345 SW 4th St, Richmond, IN, 47374 | $449/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond at 345 SW 4th St, Richmond, IN, 47374 uses $39,780 cash to close to unlock $5,388/yr annual cash flow and $449/mo monthly cash flow. Total monthly income runs $1,169/mo, and a $587/mo payment keeps the spread at $449/mo. Purchase price stands at $120,000, and rental yield measures 11.69% with $1,169/mo rent. Return on cash invested shows 33.45% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 175.19% and total cumulative return in cash records $69,691. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $587/mo payment rather than investor’s personal income.

Single Family

Built in 1928

5,662 sqft lot

$N/A/sqft

No HOA