5586 Us Highway 27 N,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 5586 Us Highway 27 N, Richmond, IN, 47374 listed at $219,500 pairs $1,627/mo rent with a $1,074/mo payment to leave $310/mo cash flow. Total monthly income runs $1,627/mo, and annual cash flow reaches $3,717/yr on $72,764 cash to close. Return on cash invested measures 25.02% in year one, and rental yield registers 8.89% at a $219,500 basis. Equity gained on principal adds $1,416/yr, and annual property appreciation at 5% supports $60,644 by year five. Five-year ROI tracks 130% and total cumulative return in cash totals $94,594. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,627/mo property income relative to a $1,074/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).