9425 Drakes Ridge RdBenningtonIN47011
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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 Bennington at 9425 Drakes Ridge Rd, Bennington, IN, 47011 offers a 0% rental yield on a $145,000 purchase with $0/mo rent. 83% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
9.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47011, Bennington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 479 (100%) |
| Owner Occupied HU | 351 (73.3%) |
| Renter Occupied HU | 59 (12.3%) |
| Vacant Housing Units | 69 (14.4%) |
| Median Home Value | $247,396 |
| Average Home Value | $254,858 |
Housing Distribution
Address Breakdown
Residential
365
Single Family
365
Multi-Family
0
Businesses
4
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Listed by: Dylan Badinghaus • Mossy Oak Properties Indiana Land and Lifestyle
Mls Name: REALSTACK
Mls ID: #70154