819 SW 18th StRichmondIN47374
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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
Investment property for sale in Richmond at 819 SW 18th St, Richmond, IN, 47374 listed at $196,500 pairs $1,577/mo rent with a $962/mo payment to leave $397/mo cash flow. Total monthly income runs $1,577/mo, and annual cash flow reaches $4,767/yr on $65,140 cash to close. Return on cash invested measures 27.23% in year one, and rental yield registers 9.63% at a $196,500 basis. Equity gained on principal adds $1,268/yr, and annual property appreciation at 5% supports $54,289 by year five. Five-year ROI tracks 141.89% and total cumulative return in cash totals $92,425. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,577/mo property income relative to a $962/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1981
0.52 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: #10050575
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