807 Spyglass DrBedfordIN47421
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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 807 Spyglass Dr, Bedford, IN, 47421 with 5% annual appreciation on a $525,000 basis while $3,286/mo rent supports operations. Total monthly income totals $3,286/mo and a $2,570/mo payment preserves $46/mo for cash returns. Annual cash flow comes to $553/yr on $172,725 deployed, and return on cash invested reaches 20.38% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 7.51%. Five-year ROI measures 105.34% and total cumulative return in cash totals $181,941.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,286/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2007
0.31 Acres lot
$N/A/sqft
$88 monthly 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: Chelsea Kieffner • CK Realty Homes
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511241
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.