413 Park Terrace Dr, Richmond, IN, 47374 | $673/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

Investment property for sale in Richmond at 413 Park Terrace Dr, Richmond, IN, 47374 at $145,600 posts ROI 36.63% with $673/mo cash flow from $1,547/mo rent. Total monthly income equals $1,547/mo, and annual cash flow records $8,071/yr on $48,266 to close. Return on cash invested measures 36.63% and rental yield reads 12.75% at the current $145,600. Equity gained on principal adds $940/yr, and 5% annual appreciation supports $40,227 by year five. Five-year ROI prints 192.29% and total cumulative return in cash totals $92,813.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,547/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1955

6,899 sqft lot

$N/A/sqft

No HOA