204 Chestnut StBristolIN46507
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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 Bristol at 204 Chestnut St, Bristol, IN, 46507 priced at $215,000 pairs $1,544/mo rent with $254/mo cash flow after a $1,052/mo payment. Total monthly income equals $1,544/mo, and annual cash flow comes to $3,045/yr on $71,273 invested. Return on cash invested is 24.18% in year one, and rental yield stands at 8.62% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. Five-year ROI measures 125.52% and total cumulative return in cash reaches $89,461. For financing, Ziffy Mortgage’s DSCR program evaluates $1,544/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,155 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46507, Bristol, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,971 (78.3%) |
| Renter Occupied HU | 553 (14.6%) |
| Vacant Housing Units | 269 ( 7.1%) |
| Median Home Value | $278,329 |
| Average Home Value | $303,471 |
Housing Distribution
Address Breakdown
Residential
3,736
Single Family
3,540
Multi-Family
196
Businesses
275
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