625 Pearl St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 625 Pearl St, Richmond, IN, 47374 offers a 8.99% rental yield on a $141,000 purchase with $1,056/mo rent. Total monthly income registers $1,056/mo, and a $690/mo payment leaves $210/mo available for distribution. Annual cash flow reaches $2,517/yr on $46,742 to close, and return on cash invested stands at 25.29% in year one. Equity gained on principal adds $910/yr while 5% annual appreciation supports $38,956 over five years. Portfolio math shows five-year ROI at 131.5% and total cumulative return in cash at $61,464. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,056/mo property income against a $690/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.