622 W StBedfordIN47421
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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 Bedford at 622 W St, Bedford, IN, 47421 uses $58,013 cash to close to unlock $285/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $857/mo payment keeps the spread at $24/mo. Purchase price stands at $175,000, and rental yield measures 7.41% with $1,080/mo rent. Return on cash invested shows 20.4% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 105.28% and total cumulative return in cash records $61,075. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1900
5,227 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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Listed by: Jason Millican • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510454
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.