1701 S Maxwell StBloomingtonIN47401
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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 1701 S Maxwell St, Bloomington, IN, 47401 offers $2,049/mo rent that, after a $1,392/mo payment, leaves $342/mo cash flow. Total monthly income is $2,049/mo, and annual cash flow is $4,100/yr on $94,312 cash. Return on cash invested measures 24.26% in year one, and rental yield stands at 8.64% at a $284,500 entry. Equity gained on principal adds $1,836/yr while 5% annual appreciation compounds into $78,602 by year five. Five-year ROI records 125.92% and total cumulative return in cash reaches $118,757. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,049/mo property income versus a $1,392/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
7,405 sqft 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: Gretchen Nall • Bloomington Rentals and Realty
Mls Name: IRMLS
Mls ID: #202524964