Villas at Garwood #1 Plan, Villas at Garwood,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at Villas at Garwood #1 Plan, Villas at Garwood, Richmond, IN, 47374 at $392,800 posts ROI 10.28% with from $1,314/mo rent. Total monthly income equals $1,314/mo. Return on cash invested measures 10.28% and rental yield reads 4.01% at the current $392,800. Equity gained on principal adds $2,535/yr, and 5% annual appreciation supports $108,523 by year five. Five-year ROI prints 51% and total cumulative return in cash totals $66,407. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,314/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).