525 S 14th StRichmondIN47374
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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
Investment property for sale in Richmond at 525 S 14th St, Richmond, IN, 47374 offers a 10.22% rental yield on a $132,500 purchase with $1,128/mo rent. Total monthly income registers $1,128/mo, and a $649/mo payment leaves $332/mo available for distribution. Annual cash flow reaches $3,986/yr on $43,924 to close, and return on cash invested stands at 28.98% in year one. Equity gained on principal adds $855/yr while 5% annual appreciation supports $36,607 over five years. Portfolio math shows five-year ROI at 151.34% and total cumulative return in cash at $66,476. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,128/mo property income against a $649/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
7,100 sqft lot
$N/A/sqft
No HOA
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Listed by: Debbie Rudd • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050849
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