9323 W County Road 75 NRichlandIN47634
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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 Richland at 9323 W County Road 75 N, Richland, IN, 47634 offers a 11.37% rental yield on a $129,900 purchase with $1,231/mo rent. Total monthly income registers $1,231/mo, and a $636/mo payment leaves $451/mo available for distribution. Annual cash flow reaches $5,412/yr on $43,062 to close, and return on cash invested stands at 32.48% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 170.14% and total cumulative return in cash at $73,267. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,231/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47634, Richland, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 975 (100%) |
| Owner Occupied HU | 783 (80.3%) |
| Renter Occupied HU | 96 ( 9.8%) |
| Vacant Housing Units | 96 ( 9.8%) |
| Median Home Value | $204,752 |
| Average Home Value | $231,360 |
Housing Distribution
Address Breakdown
Residential
945
Single Family
945
Multi-Family
0
Businesses
27
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