53401 Monterey DrBristolIN46507
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 53401 Monterey Dr, Bristol, IN, 46507 in Bristol: $4,282/mo in rent, $1,049/mo in net income, 9.6% gross yield, 1.78 DSCR, all at $535,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $147,811 in appreciation and $4,927/yr in principal paydown projects total cumulative return of $270,096.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 7.0% |
| Monthly Cash Flow | $1,049 | $300 |
City averages based on Bristol market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,282 |
| Total Monthly Debt Service | $3,019 |
| DSCR Ratio | 1.42x |
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 1994
0.55 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46507, Bristol, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,971 (78.3%) |
| Renter Occupied HU | 553 (14.6%) |
| Vacant Housing Units | 269 ( 7.1%) |
| Median Home Value | $278,329 |
| Average Home Value | $303,471 |
Housing Distribution
Address Breakdown
Residential
3,736
Single Family
3,540
Multi-Family
196
Businesses
275
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 1994
0.55 Acres lot
$N/A/sqft
$250 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46507, Bristol, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,793 (100%) |
| Owner Occupied HU | 2,971 (78.3%) |
| Renter Occupied HU | 553 (14.6%) |
| Vacant Housing Units | 269 ( 7.1%) |
| Median Home Value | $278,329 |
| Average Home Value | $303,471 |
Housing Distribution
Address Breakdown
Residential
3,736
Single Family
3,540
Multi-Family
196
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patricia Graham • Keller Williams Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202411910
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.