1281 S Cobble Creek CirBloomingtonIN47401
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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 Bloomington at 1281 S Cobble Creek Cir, Bloomington, IN, 47401 earns $22/mo cash flow from $1,571/mo rent with a $1,263/mo payment. Total monthly income totals $1,571/mo, and annual cash flow totals $265/yr on $85,527 capital. ROI tracks 20.22% on current figures, and rental yield reads 7.31% at a $258,000 purchase. Equity gained on principal adds $1,665/yr, and 5% annual appreciation supports $71,281 over five years. Five-year ROI reaches 104.32% and total cumulative return in cash sums $89,222. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
No 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: Almendra Minnaar • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls ID: #202532404