Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomington at 1517 S Nancy St, Bloomington, IN, 47401 priced at $350,000 converts $2,273/mo rent into $172/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,273/mo, and annual cash flow totals $2,065/yr on $116,025 invested. Return on cash invested prints 21.69% in year one, and rental yield reads 7.79% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 112.18% and total cumulative return in cash sums $130,154. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,273/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1958
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
| 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 |
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
Date | Event | Price |
|---|---|---|
| 2025-03-19 | Listed for sale | $350,000 |
| 2017-01-30 | Sold | $172,000 |
| 2016-12-06 | Listed for sale | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $2146.68 | 7.87% | $212,100 | -4.42% |
| 2023-03-20 | $1990.08 | 10.82% | $221,900 | 7.93% |
| 2022-03-20 | $1795.80 | 4.59% | $205,600 | 9.83% |
Listed by: Sarah Perfetti • Northwest Indiana Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508848
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.
