101 M StBedfordIN47421
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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 Bedford at 101 M St, Bedford, IN, 47421 priced at $209,900 converts $1,471/mo rent into $211/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,471/mo, and annual cash flow totals $2,536/yr on $69,582 invested. Return on cash invested prints 23.55% in year one, and rental yield reads 8.41% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 122.18% and total cumulative return in cash sums $85,016. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,471/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Single Family
Built in 1914
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47421, Bedford, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,866 (100%) |
| Owner Occupied HU | 8,906 (69.2%) |
| Renter Occupied HU | 2,874 (22.3%) |
| Vacant Housing Units | 1,086 ( 8.4%) |
| Median Home Value | $213,813 |
| Average Home Value | $236,330 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,103
Multi-Family
344
Businesses
999
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