115 N Johnson AveBloomingtonIN47404
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bloomington at 115 N Johnson Ave, Bloomington, IN, 47404 uses $49,725 cash to close to unlock $3,585/yr annual cash flow and $299/mo monthly cash flow. Total monthly income runs $1,199/mo, and a $734/mo payment keeps the spread at $299/mo. Purchase price stands at $150,000, and rental yield measures 9.59% with $1,199/mo rent. Return on cash invested shows 27.12% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 141.26% and total cumulative return in cash records $70,242. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,199/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1928
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Avila • Signature Realty Services, LLC
Mls Name: IRMLS
Mls ID: #202541370