96 Greenwood Retreat Rd, Bedford, IN, 47421 | $163/mo Cash Flow

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bedford at 96 Greenwood Retreat Rd, Bedford, IN, 47421 priced at $270,000 pairs $1,784/mo rent with $163/mo cash flow after a $1,322/mo payment. Total monthly income equals $1,784/mo, and annual cash flow comes to $1,953/yr on $89,505 invested. Return on cash invested is 22.09% in year one, and rental yield stands at 7.93% on a $270,000 basis. Equity gained on principal adds $1,742/yr, and 5% annual appreciation accumulates to $74,596 by year five. Five-year ROI measures 114.3% and total cumulative return in cash reaches $102,301. For financing, Ziffy Mortgage’s DSCR program evaluates $1,784/mo property income against a $1,322/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1960

4.07 Acres lot

$N/A/sqft

No HOA

More details about the property

First time on the market since 1968!!! This 3 bedroom, 2 bath home sits on 3 parcels totaling just over 4 peaceful park like acres just minutes from the highway. With a newer roof,hvac and spacious covered deck overlooking the property. This home has solid bones and endless potential. The nearly finished basement provides additional living space. Cosmetic updates are needed and the fireplaces are non-functional (chimney has been removed), but the layout, setting and location make this a rare opportunity. Dont miss your chance to make this property your own.

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