429 Chester Dr,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 429 Chester Dr, Richmond, IN, 47374 listed at $321,300 pairs $2,336/mo rent with a $1,573/mo payment to leave $407/mo cash flow. Total monthly income runs $2,336/mo, and annual cash flow reaches $4,883/yr on $106,511 cash to close. Return on cash invested measures 24.49% in year one, and rental yield registers 8.72% at a $321,300 basis. Equity gained on principal adds $2,073/yr, and annual property appreciation at 5% supports $88,769 by year five. Five-year ROI tracks 127.18% and total cumulative return in cash totals $135,459. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,336/mo property income relative to a $1,573/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).