4017 Wolke Dr, Richmond, IN, 47374 | $737/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 4017 Wolke Dr, Richmond, IN, 47374 uses $82,544 cash to close to unlock $8,844/yr annual cash flow and $737/mo monthly cash flow. Total monthly income runs $2,232/mo, and a $1,219/mo payment keeps the spread at $737/mo. Purchase price stands at $249,000, and rental yield measures 10.76% with $2,232/mo rent. Return on cash invested shows 30.62% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 160.11% and total cumulative return in cash records $132,164. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,232/mo property income covering a $1,219/mo payment rather than investor’s personal income.

Single Family

Built in 1982

0.27 Acres lot

$N/A/sqft

No HOA