1406 N Kinser PikeBloomingtonIN47404
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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 1406 N Kinser Pike, Bloomington, IN, 47404 listed at $234,969 pairs $1,622/mo rent with a $1,150/mo payment to leave $212/mo cash flow. Total monthly income runs $1,622/mo, and annual cash flow reaches $2,539/yr on $77,892 cash to close. Return on cash invested measures 23.17% in year one, and rental yield registers 8.28% at a $234,969 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,918 by year five. Five-year ROI tracks 120.1% and total cumulative return in cash totals $93,547. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,622/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1952
0.42 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
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Listed by: Aaron Steele • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls ID: #202548806