1550 E Pointe Club 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
Rental property for sale in Bloomington at 1550 E Pointe Club Dr, Bloomington, IN, 47401 priced at $825,000 converts $6,407/mo rent into $1,455/mo cash flow after a $4,038/mo obligation. Total monthly income equals $6,407/mo, and annual cash flow totals $17,455/yr on $271,425 invested. Return on cash invested prints 26.49% in year one, and rental yield reads 9.32% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 137.86% and total cumulative return in cash sums $374,181. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,407/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 1986
5.04 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: Carson Calin • AMR Real Estate LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22078042