1520 E Vera DrBloomingtonIN47401
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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 1520 E Vera Dr, Bloomington, IN, 47401 listed at $334,900 pairs $2,804/mo rent with a $1,639/mo payment to leave $794/mo cash flow. Total monthly income runs $2,804/mo, and annual cash flow reaches $9,526/yr on $111,019 cash to close. Return on cash invested measures 28.49% in year one, and rental yield registers 10.05% at a $334,900 basis. Equity gained on principal adds $2,161/yr, and annual property appreciation at 5% supports $92,527 by year five. Five-year ROI tracks 148.61% and total cumulative return in cash totals $164,989. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,804/mo property income relative to a $1,639/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.45 Acres 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: Carrie L Holmes • Hawkins & Root Real Estate
Mls Name: IRMLS
Mls ID: #202534853