








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Bedford at 2235 35th St, Bedford, IN, 47421 generates $1,898/mo in rent and, after a $1,101/mo payment, leaves $548/mo in cash flow. Total monthly income is $1,898/mo, and annual cash flow is $6,573/yr on $74,554 invested. Return on cash invested sits at 28.73% in year one, and rental yield is 10.13% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 149.87% and total cumulative return in cash sums $111,733. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,898/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.88 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47421, Bedford, IN area.
| 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 |
Residential
12,447
Single Family
12,103
Multi-Family
344
Businesses
999
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $224,900 |
| 2025-07-06 | Pending sale | $224,900 |
| 2025-06-13 | Listed for sale | $224,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $752.86 | -2.46% | $185,000 | 7.31% |
| 2023-10-26 | $771.88 | 100.82% | $172,400 | 8.36% |
| 2022-10-26 | $384.36 | 92.01% | $159,100 | 14.21% |



Listed by: Christina Root • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522571
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.