1239 S Barnes DrBloomingtonIN47401
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 1239 S Barnes Dr, Bloomington, IN, 47401 at $800,000 posts ROI 23.4% with $733/mo cash flow from $5,560/mo rent. Total monthly income equals $5,560/mo, and annual cash flow records $8,797/yr on $263,200 to close. Return on cash invested measures 23.4% and rental yield reads 8.34% at the current $800,000. Equity gained on principal adds $5,162/yr, and 5% annual appreciation supports $221,025 by year five. Five-year ROI prints 121.35% and total cumulative return in cash totals $319,388.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,560/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2019
0.46 Acres lot
$N/A/sqft
$291 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,651 (100%) |
| Owner Occupied HU | 10,173 (49.3%) |
| Renter Occupied HU | 8,522 (41.3%) |
| Vacant Housing Units | 1,956 ( 9.5%) |
| Median Home Value | $366,019 |
| Average Home Value | $425,030 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
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Listed by: Kathy Stallsmith • RE/MAX Realty Professionals
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503326
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.