495 Gunsmith School RdBedfordIN47421
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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
Rental property for sale in Bedford at 495 Gunsmith School Rd, Bedford, IN, 47421 priced at $139,900 converts $1,089/mo rent into $249/mo cash flow after a $685/mo obligation. Total monthly income equals $1,089/mo, and annual cash flow totals $2,987/yr on $46,377 invested. Return on cash invested prints 26.35% in year one, and rental yield reads 9.34% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 137.14% and total cumulative return in cash sums $63,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,089/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.90 Acres 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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