3739 State Road 121RichmondIN47374
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Total monthly income runs $1,236/mo, and a $1,860/mo payment. Purchase price stands at $379,999, and rental yield measures 3.9% with $1,236/mo rent. Return on cash invested shows 9.95% in year one, and 5% annual appreciation builds toward $104,987 over five years. Five-year ROI reaches 49.19% and total cumulative return in cash records $61,968. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,236/mo property income covering a $1,860/mo payment rather than investor’s personal income.
Single Family
Built in 1900
18.56 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Derek Tiemann • Fathom Realty
Mls Name: RLMS
Mls Provider:
Mls ID: #10049506
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.