914 S 19th St,Richmond,IN,47374

Investment Highlights

Rental property for sale in Richmond at 914 S 19th St, Richmond, IN, 47374 generates $1,337/mo in rent and, after a $760/mo payment, leaves $405/mo in cash flow. Total monthly income is $1,337/mo, and annual cash flow is $4,858/yr on $51,482 invested. Return on cash invested sits at 29.35% in year one, and rental yield is 10.33% on a $155,300 entry. Equity gained on principal adds $1,002/yr, while 5% annual appreciation builds toward $42,907 over five years. Five-year ROI reaches 153.19% and total cumulative return in cash sums $78,866. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,337/mo property income rather than buyer’s personal income.