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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Richmond at 546 E Pleasant Plain Rd, Richmond, IN, 47374 offers a 6.06% rental yield on a $289,000 purchase with $1,459/mo rent. 45% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 84.05% and total cumulative return in cash at $80,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,459/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1968
2.64 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $289,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-31 | $1184.96 | -0.61% | $129,200 | 8.48% |
| 2023-03-31 | $1192.24 | 6.63% | $119,100 | 1.02% |
| 2022-03-31 | $1118.16 | 14.56% | $117,900 | 6.70% |
Listed by: Rob Johnson • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10050641
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
