132 Ridgeview Pl, Bluffton, IN, 46714 | $304/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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132 Ridgeview Pl, Bluffton, IN, 46714 | $304/mo Cash Flow | Ziffy

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 Bluffton at 132 Ridgeview Pl, Bluffton, IN, 46714 priced at $228,500 converts $1,675/mo rent into $304/mo cash flow after a $1,118/mo obligation. Total monthly income equals $1,675/mo, and annual cash flow totals $3,645/yr on $75,748 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 8.8% against a $228,500 entry. Equity gained on principal adds $1,474/yr, while 5% annual appreciation compiles into $63,130 by year five. Five-year ROI reaches 128.4% and total cumulative return in cash sums $97,264. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,675/mo property income covering a $1,118/mo payment, not borrower’s personal income.

Single Family

Built in 1976

0.29 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this adorable 3 bedroom, 2 bath ranch! Youll love the great curb appeal with updated siding and shutters, and the general care thats gone into maintaining this home. Theres plenty of space to relax and entertain, featuring two living spaces including a beamed family room with newer flooring and beautiful fireplace. Enjoy peace of mind with recent upgrades-the furnace and central air are just 5 years old, and the water heater is 3 years old. The main bath also offers a recent upgrade. Step outside into a large back yard that is perfect for entertaining family and friends. This home awaits you!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46714, Bluffton, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,868 (100%)
Owner Occupied HU	4,405 (64.1%)
Renter Occupied HU	1,952 (28.4%)
Vacant Housing Units	511 ( 7.4%)
Median Home Value	$192,431
Average Home Value	$229,887