528 SW 19th St,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 528 SW 19th St, Richmond, IN, 47374 generates $1,801/mo in rent and, after a $770/mo payment, leaves $857/mo in cash flow. Total monthly income is $1,801/mo, and annual cash flow is $10,279/yr on $52,178 invested. Return on cash invested sits at 39.61% in year one, and rental yield is 13.73% on a $157,400 entry. Equity gained on principal adds $1,016/yr, while 5% annual appreciation builds toward $43,487 over five years. Five-year ROI reaches 208.27% and total cumulative return in cash sums $108,673. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,801/mo property income rather than buyer’s personal income.