916 Rosewood Dr,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 916 Rosewood Dr, Richmond, IN, 47374 listed at $392,800 pairs $2,789/mo rent with a $1,923/mo payment to leave $431/mo cash flow. Total monthly income runs $2,789/mo, and annual cash flow reaches $5,168/yr on $130,213 cash to close. Return on cash invested measures 23.88% in year one, and rental yield registers 8.52% at a $392,800 basis. Equity gained on principal adds $2,535/yr, and annual property appreciation at 5% supports $108,523 by year five. Five-year ROI tracks 123.89% and total cumulative return in cash totals $161,315. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,789/mo property income relative to a $1,923/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).