110 Edgewood Dr, Bedford, IN, 47421 | $292/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bedford at 110 Edgewood Dr, Bedford, IN, 47421 priced at $210,000 converts $1,553/mo rent into $292/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,553/mo, and annual cash flow totals $3,507/yr on $69,615 invested. Return on cash invested prints 24.95% in year one, and rental yield reads 8.87% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 129.67% and total cumulative return in cash sums $90,268. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,553/mo property income covering a $1,028/mo payment, not borrower’s personal income.

Single Family

Built in 1954

7,318 sqft lot

$N/A/sqft

No HOA

More details about the property

Freshly updated midcentury modern limestone home. This one level ranch home for sale in popular Edgewood neighborhood is move in ready: updates include spruced up hardwood floors, paint throughout, new eat in kitchen with white cabinets, appliances and flooring. Great house for any homebuyer just starting out or downsizing. The property has a large front yard with the back yard fenced in. Current property taxes do not reflect a homestead exemption. If this home becomes homeowner occupied the taxes would be significantly less.

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