408 L StBedfordIN47421
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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
Investment Highlights
Investment property for sale in Bedford at 408 L St, Bedford, IN, 47421 at $299,900 posts ROI 22.46% with $212/mo cash flow from $2,012/mo rent. Total monthly income equals $2,012/mo, and annual cash flow records $2,539/yr on $99,417 to close. Return on cash invested measures 22.46% and rental yield reads 8.05% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 116.3% and total cumulative return in cash totals $115,624.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,012/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47421, Bedford, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,447
Single Family
12,103
Multi-Family
344
Businesses
999
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