66 Gallery EstsBedfordIN47421
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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 66 Gallery Ests, Bedford, IN, 47421 offers $1,525/mo rent that, after a $1,077/mo payment, leaves $204/mo cash flow. Total monthly income is $1,525/mo, and annual cash flow is $2,450/yr on $72,930 cash. Return on cash invested measures 23.27% in year one, and rental yield stands at 8.32% at a $220,000 entry. Equity gained on principal adds $1,420/yr while 5% annual appreciation compounds into $60,782 by year five. Five-year ROI records 120.67% and total cumulative return in cash reaches $88,007. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,525/mo property income versus a $1,077/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
1 Acres lot
$N/A/sqft
No HOA
More details about the property
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
Price History
Date | Event | Price |
|---|---|---|
| 2025-08-08 | Sold | $220,000 |
| 2025-06-13 | Listed for sale | $225,000 |
| 2025-06-10 | Listing removed | $280,000 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-26 | $935.44 | 16.68% | $143,600 | 8.21% |
| 2023-10-26 | $801.72 | 5.59% | $132,700 | 7.71% |
| 2022-10-26 | $759.28 | 5.76% | $123,200 | 12.41% |
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Facts & Features
General Information
- Type: SingleFamily
- Year Built: 1984
- Architectural Style: Ranch
- Building Area: 2,464
- Living Area: 1,232 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Natural Gas, Conventional, Forced Air
- Cooling: Central Air
- Flooring: Laminate
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Gravel
Location
HOA & Fees
- HOA Fee: N/A
- Association Fee: N/A
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: N/A
Utilities
- Utilities: N/A
- Sewer: Septic Tank
- Water Source: City, S Lawrence Water
- Road Surface Type: N/A
School Information
- Elementary School: Burris/Hatfield
- Middle School: Mitchell
- High School: Mitchell
Listed by: Judson Casebeer • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522564
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.