630 SW 21st St, Richmond, IN, 47374 | $374/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Richmond at 630 SW 21st St, Richmond, IN, 47374 uses $65,969 cash to close to unlock $4,493/yr annual cash flow and $374/mo monthly cash flow. Total monthly income runs $1,569/mo, and a $974/mo payment keeps the spread at $374/mo. Purchase price stands at $199,000, and rental yield measures 9.46% with $1,569/mo rent. Return on cash invested shows 26.72% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 139.17% and total cumulative return in cash records $91,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,569/mo property income covering a $974/mo payment rather than investor’s personal income.

Single Family

Built in 1965

0.31 Acres lot

$N/A/sqft

No HOA