54763 Colonial Ridge DrBristolIN46507
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 54763 Colonial Ridge Dr, Bristol, IN, 46507 in Bristol. Rental yield 3.03%. At $1,485,000 with 3.03% gross yield, current distributions are modest, but the 5% appreciation rate projects $410,278 in new equity by year five, complemented by $13,677/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.56) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $229,371.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3% | 7.0% |
| Monthly Cash Flow | $(5,168) | $300 |
City averages based on Bristol market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,746 |
| Total Monthly Debt Service | $8,323 |
| DSCR Ratio | 0.45x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, 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 1978
14.58 Acres lot
$N/A/sqft
No 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 1978
14.58 Acres lot
$N/A/sqft
No 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: Julie Thatcher • Coldwell Banker Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202516506
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.