








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


Investment property for sale in Bedford at 244 Middle Leesville Rd, Bedford, IN, 47421 at $209,900 posts ROI 22.43% with $146/mo cash flow from $1,406/mo rent. Total monthly income equals $1,406/mo, and annual cash flow records $1,756/yr on $69,582 to close. Return on cash invested measures 22.43% and rental yield reads 8.04% at the current $209,900. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 by year five. Five-year ROI prints 116.16% and total cumulative return in cash totals $80,828.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,406/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
6.15 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Amanda Childers • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls ID: #202532010