704 Swan StBristolIN46507
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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 Bristol at 704 Swan St, Bristol, IN, 46507 uses $61,991 cash to close to unlock $8,565/yr annual cash flow and $714/mo monthly cash flow. Total monthly income runs $1,836/mo, and a $915/mo payment keeps the spread at $714/mo. Purchase price stands at $187,000, and rental yield measures 11.78% with $1,836/mo rent. Return on cash invested shows 33.73% in year one, and 5% annual appreciation builds toward $51,665 over five years. Five-year ROI reaches 176.71% and total cumulative return in cash records $109,542. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,836/mo property income covering a $915/mo payment rather than investor’s personal income.
Manufactured
Built in 2000
0.26 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
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