809 SW 5th St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 809 SW 5th St, Richmond, IN, 47374 listed at $186,100 pairs $1,723/mo rent with a $911/mo payment to leave $606/mo cash flow. Total monthly income runs $1,723/mo, and annual cash flow reaches $7,269/yr on $61,692 cash to close. Return on cash invested measures 31.69% in year one, and rental yield registers 11.11% at a $186,100 basis. Equity gained on principal adds $1,201/yr, and annual property appreciation at 5% supports $51,416 by year five. Five-year ROI tracks 165.78% and total cumulative return in cash totals $102,276. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,723/mo property income relative to a $911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).