3729 Mexico Ridge RdBenningtonIN47011
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 3729 Mexico Ridge Rd, Bennington, IN, 47011 in Bennington speaks for itself: 13.47% gross on a $191,000 price, generating $2,144/mo in rent and $901/mo in net income after the $859/mo debt service. DSCR 2.50, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $10,809 stacks alongside $52,770 in projected five-year appreciation and $1,759/yr in principal reduction. Projected total cumulative return: $130,663.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 13.5% | 6.0% |
| Monthly Cash Flow | $901 | $1,200 |
City averages based on Bennington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,144 |
| Total Monthly Debt Service | $1,168 |
| DSCR Ratio | 1.84x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Whitetail Properties
Mls ID: #22008762