820 S 12th St, Richmond, IN, 47374 | $725/mo Cash Flow

Off market

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 820 S 12th St, Richmond, IN, 47374 uses $37,062 cash to close to unlock $8,701/yr annual cash flow and $725/mo monthly cash flow. Total monthly income runs $1,396/mo, and a $547/mo payment keeps the spread at $725/mo. Purchase price stands at $111,800, and rental yield measures 14.98% with $1,396/mo rent. Return on cash invested shows 43.39% in year one, and 5% annual appreciation builds toward $30,888 over five years. Five-year ROI reaches 228.63% and total cumulative return in cash records $84,733. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,396/mo property income covering a $547/mo payment rather than investor’s personal income.

Single Family

Built in 1953

6,751 sqft lot

$N/A/sqft

No HOA