5904 N County Road 600 EBainbridgeIN46105
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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
Investment property for sale in Bainbridge at 5904 N County Road 600 E, Bainbridge, IN, 46105 earns $178/mo cash flow from $1,829/mo rent with a $1,346/mo payment. Total monthly income totals $1,829/mo, and annual cash flow totals $2,139/yr on $91,163 capital. ROI tracks 22.25% on current figures, and rental yield reads 7.98% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 115.22% and total cumulative return in cash sums $105,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,829/mo property income instead of your personal income.
Single Family
Built in 2015
1.32 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
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Listed by: Drake Gadberry • Gadberry Realty LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078700