142 N Park Ridge RdBloomingtonIN47408
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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
Rental property for sale in Bloomington at 142 N Park Ridge Rd, Bloomington, IN, 47408 offers $1,653/mo rent that, after a $1,101/mo payment, leaves $83/mo cash flow. Total monthly income is $1,653/mo, and annual cash flow is $991/yr on $74,588 cash. Return on cash invested measures 21.24% in year one, and rental yield stands at 8.82% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 111.04% and total cumulative return in cash reaches $82,821. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,653/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 1964
N/A lot
$N/A/sqft
$220 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Chris Clark • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513687
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.