1919 Central AveBedfordIN47421
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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 1919 Central Ave, Bedford, IN, 47421 priced at $232,000 pairs $1,740/mo rent with $347/mo cash flow after a $1,136/mo payment. Total monthly income equals $1,740/mo, and annual cash flow comes to $4,162/yr on $76,908 invested. Return on cash invested is 25.32% in year one, and rental yield stands at 9% on a $232,000 basis. Equity gained on principal adds $1,497/yr, and 5% annual appreciation accumulates to $64,097 by year five. Five-year ROI measures 131.63% and total cumulative return in cash reaches $101,231. For financing, Ziffy Mortgage’s DSCR program evaluates $1,740/mo property income against a $1,136/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1960
8,537 sqft 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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Listed by: Suzanne Mayfield • Century 21 Scheetz - Carmel
Mls Name: IRMLS
Mls Provider:
Mls ID: #202507574
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.