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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1605 S Walnut St, Bloomington, IN, 47401 priced at $210,000 converts $1,697/mo rent into $224/mo cash flow after a $1,028/mo obligation. Total monthly income equals $1,697/mo, and annual cash flow totals $2,690/yr on $69,615 invested. Return on cash invested prints 23.77% in year one, and rental yield reads 9.7% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. Five-year ROI reaches 124.69% and total cumulative return in cash sums $86,800. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,697/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in 1920
7,840 sqft 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 |
|---|---|---|
| 2025-06-02 | Sold | $210,000 |
| 2025-05-16 | Pending sale | $225,000 |
| 2025-01-14 | Price change | $225,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $4287.22 | 11.68% | $203,900 | 0.64% |
| 2023-10-22 | $3838.84 | 7.80% | $202,600 | 6.86% |
| 2022-10-22 | $3561.08 | 31.32% | $189,600 | 10.36% |
Listed by: Holland Nightenhelser • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202336167
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.
