12823 Bethel Ridge RdFlorenceIN47020
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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 Florence at 12823 Bethel Ridge Rd, Florence, IN, 47020 offers a 5.35% rental yield on a $176,000 purchase with $784/mo rent. 31% in year one. Equity gained on principal adds $1,136/yr while 5% annual appreciation supports $48,626 over five years. Portfolio math shows five-year ROI at 72.58% and total cumulative return in cash at $42,345. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $784/mo property income against a $861/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
22.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47020, Florence, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 440 (100%) |
| Owner Occupied HU | 325 (73.9%) |
| Renter Occupied HU | 79 (18.0%) |
| Vacant Housing Units | 36 ( 8.2%) |
| Median Home Value | $210,714 |
| Average Home Value | $316,700 |
Housing Distribution
Address Breakdown
Residential
419
Single Family
419
Multi-Family
0
Businesses
18
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