429 Greenbrier DrRichmondIN47374
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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
Investment Highlights
Rental property for sale in Richmond at 429 Greenbrier Dr, Richmond, IN, 47374 priced at $219,900 pairs $1,948/mo rent with $628/mo cash flow after a $1,076/mo payment. Total monthly income equals $1,948/mo, and annual cash flow comes to $7,539/yr on $72,897 invested. Return on cash invested is 30.25% in year one, and rental yield stands at 10.63% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 158.1% and total cumulative return in cash reaches $115,252. For financing, Ziffy Mortgage’s DSCR program evaluates $1,948/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
0.29 Acres lot
$N/A/sqft
No HOA
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Listed by: John Chasteen • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10051741
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