3729 Mexico Ridge RdBenningtonIN47011
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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 Bennington at 3729 Mexico Ridge Rd, Bennington, IN, 47011 listed at $191,000 pairs $2,144/mo rent with a $935/mo payment to leave $900/mo cash flow. Total monthly income runs $2,144/mo, and annual cash flow reaches $10,803/yr on $63,317 cash to close. Return on cash invested measures 36.97% in year one, and rental yield registers 13.47% at a $191,000 basis. Equity gained on principal adds $1,232/yr, and annual property appreciation at 5% supports $52,770 by year five. Five-year ROI tracks 194.82% and total cumulative return in cash totals $123,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,144/mo property income relative to a $935/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47011, Bennington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 351 (73.3%) |
| Renter Occupied HU | 59 (12.3%) |
| Vacant Housing Units | 69 (14.4%) |
| Median Home Value | $247,396 |
| Average Home Value | $254,858 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
4
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Listed by: N/A • N/A
Mls Name: Whitetail Properties
Mls ID: #22008762