396 E County Road 825 NBainbridgeIN46105
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 396 E County Road 825 N, Bainbridge, IN, 46105 in Bainbridge is priced for capital growth, not immediate cash flow. The $500,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $138,141 by year five, with $4,605/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.0% |
| Monthly Cash Flow | $0 | $400 |
City averages based on Bainbridge market data in our database. Property projections are estimates.
Single Family
Built in 1994
11.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46105, Bainbridge, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 656 (79.6%) |
| Renter Occupied HU | 99 (12.0%) |
| Vacant Housing Units | 69 ( 8.4%) |
| Median Home Value | $229,425 |
| Average Home Value | $292,828 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
604
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1994
11.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46105, Bainbridge, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 824 (100%) |
| Owner Occupied HU | 656 (79.6%) |
| Renter Occupied HU | 99 (12.0%) |
| Vacant Housing Units | 69 ( 8.4%) |
| Median Home Value | $229,425 |
| Average Home Value | $292,828 |
Housing Distribution
Address Breakdown
Residential
604
Single Family
604
Multi-Family
0
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Valerie Bunch • Match House Realty Group LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22062194