774 National Rd WRichmondIN47374
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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
Investment Highlights
Rental property for sale in Richmond at 774 National Rd W, Richmond, IN, 47374 priced at $169,000 pairs $1,866/mo rent with $852/mo cash flow after a $827/mo payment. Total monthly income equals $1,866/mo, and annual cash flow comes to $10,220/yr on $56,024 invested. Return on cash invested is 38.15% in year one, and rental yield stands at 13.25% on a $169,000 basis. Equity gained on principal adds $1,091/yr, and 5% annual appreciation accumulates to $46,692 by year five. Five-year ROI measures 200.44% and total cumulative return in cash reaches $112,291. For financing, Ziffy Mortgage’s DSCR program evaluates $1,866/mo property income against a $827/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Tony Foust • Coldwell Banker Lingle
Mls Name: RLMS
Mls Provider:
Mls ID: #10051376
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.