84 S 14th StRichmondIN47374
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderTight but positive: 84 S 14th St, Richmond, IN, 47374 in Richmond at $192,800 earns $1,171/mo in rent and nets $14/mo after the $867/mo payment, a 7.29% yield with limited short-term income headroom. The equity story offsets the thin monthly spread: 5% annual appreciation adds $53,267 over five years. Ziffy Mortgage underwrites this on a 1.35 DSCR without U.S. credit history. With $1,776/yr in principal paydown, total projected return reaches $73,858.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.3% | 7.0% |
| Monthly Cash Flow | $14 | $250 |
City averages based on Richmond market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,171 |
| Total Monthly Debt Service | $1,081 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Home Type Unknown
Built in N/A
N/A lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices