2021 Park 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
Investment property for sale in Bedford at 2021 Park Ave, Bedford, IN, 47421 earns $30/mo cash flow from $1,696/mo rent with a $1,358/mo payment. Total monthly income totals $1,696/mo, and annual cash flow totals $365/yr on $91,991 capital. ROI tracks 20.31% on current figures, and rental yield reads 7.33% at a $277,500 purchase. Equity gained on principal adds $1,791/yr, and 5% annual appreciation supports $76,668 over five years. Five-year ROI reaches 104.74% and total cumulative return in cash sums $96,352. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,696/mo property income instead of your personal income.
Single Family
Built in 1929
7,840 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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