914 Liberty AveRichmondIN47374
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
Investment Highlights
Investment property for sale in Richmond at 914 Liberty Ave, Richmond, IN, 47374 offers a 9.15% rental yield on a $107,500 purchase with $820/mo rent. Total monthly income registers $820/mo, and a $526/mo payment leaves $175/mo available for distribution. Annual cash flow reaches $2,098/yr on $35,636 to close, and return on cash invested stands at 25.8% in year one. Equity gained on principal adds $694/yr while 5% annual appreciation supports $29,700 over five years. Portfolio math shows five-year ROI at 134.17% and total cumulative return in cash at $47,815. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $820/mo property income against a $526/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1899
1.15 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Hartman • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls Provider:
Mls ID: #10051543
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.