3715 Sandbridge Dr,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 3715 Sandbridge Dr, Richmond, IN, 47374 generates $3,576/mo in rent and, after a $2,765/mo payment, leaves $185/mo in cash flow. Total monthly income is $3,576/mo, and annual cash flow is $2,219/yr on $185,852 invested. Return on cash invested sits at 21.25% in year one, and rental yield is 7.6% on a $564,900 entry. Equity gained on principal adds $3,645/yr, while 5% annual appreciation builds toward $156,071 over five years. Five-year ROI reaches 109.78% and total cumulative return in cash sums $204,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,576/mo property income rather than buyer’s personal income.