952 N County Road 575 WRichlandIN47634
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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
Rental property for sale in Richland at 952 N County Road 575 W, Richland, IN, 47634 generates $1,856/mo in rent and, after a $1,311/mo payment, leaves $248/mo in cash flow. Total monthly income is $1,856/mo, and annual cash flow is $2,977/yr on $88,809 invested. Return on cash invested sits at 23.26% in year one, and rental yield is 8.31% on a $267,900 entry. Equity gained on principal adds $1,729/yr, while 5% annual appreciation builds toward $74,016 over five years. Five-year ROI reaches 120.63% and total cumulative return in cash sums $107,126. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,856/mo property income rather than buyer’s personal income.
Single Family
Built in 1973
0.60 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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Listed by: Marty Williams • Elite Home and Land Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534873
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.