906 Abington Pike,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 906 Abington Pike, Richmond, IN, 47374 listed at $289,900 pairs $1,926/mo rent with a $1,419/mo payment to leave $186/mo cash flow. Total monthly income runs $1,926/mo, and annual cash flow reaches $2,228/yr on $96,102 cash to close. Return on cash invested measures 22.23% in year one, and rental yield registers 7.97% at a $289,900 basis. Equity gained on principal adds $1,871/yr, and annual property appreciation at 5% supports $80,094 by year five. Five-year ROI tracks 115.02% and total cumulative return in cash totals $110,541. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,926/mo property income relative to a $1,419/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).