431 Lincoln St, Richmond, IN, 47374 | $416/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1008 sft

200 N Elm St, Hagerstown, IN, 47346

Investment Property+ 1 more

5 Bed
4 Bath
1781 sft

1700 N J St, Richmond, IN, 47374

3 Bed
1 Bath
1560 sft

108 S 3rd St, Centerville, IN, 47330

2 Bed
1 Bath
1188 sft

1514 N Grand Ave, Connersville, IN, 47331

Nearby investment properties with comparable prices

3 Bed
1 Bath
1778 sft

906 S 5th St, Richmond, IN, 47374

3 Bed
1 Bath
1081 sft

1411 Irish Hills Ct, Richmond, IN, 47374

2 Bed
1 Bath
792 sft

2345 Ohio Ave, Connersville, IN, 47331

2 Bed
1 Bath
942 sft

105 W 35th St, Connersville, IN, 47331

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Richmond at 431 Lincoln St, Richmond, IN, 47374 with 5% annual appreciation on a $149,500 basis while $1,314/mo rent supports operations. Total monthly income totals $1,314/mo and a $732/mo payment preserves $416/mo for cash returns. Annual cash flow comes to $4,996/yr on $49,559 deployed, and return on cash invested reaches 29.99% in year one. Equity gained on principal adds $965/yr, and five-year appreciation sums $41,304 alongside rental yield of 10.55%. Five-year ROI measures 156.74% and total cumulative return in cash totals $77,681.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,314/mo property income versus a $732/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1900

7,405 sqft lot

$N/A/sqft

No HOA