491 Hawthorne Ln, Richmond, IN, 47374 | 5.05% Rental Yield

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

Rental property for sale in Richmond at 491 Hawthorne Ln, Richmond, IN, 47374 priced at $539,400 converts $2,272/mo rent into after a $2,640/mo obligation. Total monthly income equals $2,272/mo. Return on cash invested prints 10.66% in year one, and rental yield reads 5.05% against a $539,400 entry. Equity gained on principal adds $3,481/yr, while 5% annual appreciation compiles into $149,026 by year five. Five-year ROI reaches 54% and total cumulative return in cash sums $95,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,272/mo property income covering a $2,640/mo payment, not borrower’s personal income.

Single Family

Built in 1978

0.54 Acres lot

$N/A/sqft

No HOA