4529 Virginia Ave SW,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 4529 Virginia Ave SW, Richmond, IN, 47374 generates $2,564/mo in rent and, after a $1,341/mo payment, leaves $919/mo in cash flow. Total monthly income is $2,564/mo, and annual cash flow is $11,032/yr on $90,831 invested. Return on cash invested sits at 32.05% in year one, and rental yield is 11.23% on a $274,000 entry. Equity gained on principal adds $1,768/yr, while 5% annual appreciation builds toward $75,701 over five years. Five-year ROI reaches 167.77% and total cumulative return in cash sums $152,385. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,564/mo property income rather than buyer’s personal income.