407 SW G St, Richmond, IN, 47374 | $670/mo Cash Flow

Off market

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

Rental property for sale in Richmond at 407 SW G St, Richmond, IN, 47374 priced at $147,200 converts $1,553/mo rent into $670/mo cash flow after a $720/mo obligation. Total monthly income equals $1,553/mo, and annual cash flow totals $8,038/yr on $48,797 invested. Return on cash invested prints 36.38% in year one, and rental yield reads 12.66% against a $147,200 entry. Equity gained on principal adds $950/yr, while 5% annual appreciation compiles into $40,669 by year five. Five-year ROI reaches 190.94% and total cumulative return in cash sums $93,171. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,553/mo property income covering a $720/mo payment, not borrower’s personal income.

Single Family

Built in 1954

6,054 sqft lot

$N/A/sqft

No HOA