906 S 5th 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 906 S 5th St, Richmond, IN, 47374 offers a 11.93% rental yield on a $127,500 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $624/mo payment leaves $503/mo available for distribution. Annual cash flow reaches $6,032/yr on $42,266 to close, and return on cash invested stands at 34.18% in year one. Equity gained on principal adds $823/yr while 5% annual appreciation supports $35,226 over five years. Portfolio math shows five-year ROI at 179.14% and total cumulative return in cash at $75,718. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $624/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
9,670 sqft lot
$N/A/sqft
No HOA
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