2214 I StBedfordIN47421
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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 2214 I St, Bedford, IN, 47421 priced at $129,900 converts $1,237/mo rent into $457/mo cash flow after a $636/mo obligation. Total monthly income equals $1,237/mo, and annual cash flow totals $5,484/yr on $43,062 invested. Return on cash invested prints 32.64% in year one, and rental yield reads 11.43% against a $129,900 entry. Equity gained on principal adds $838/yr, while 5% annual appreciation compiles into $35,889 by year five. Five-year ROI reaches 170.98% and total cumulative return in cash sums $73,627. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,237/mo property income covering a $636/mo payment, not borrower’s personal income.
Single Family
Built in 1926
9,583 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: Amy Seputis-Roll • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515039
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.