201 E Glendora Dr, Bloomington, IN, 47408 | $342/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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201 E Glendora Dr, Bloomington, IN, 47408 | $342/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bloomington at 201 E Glendora Dr, Bloomington, IN, 47408 uses $116,025 cash to close to unlock $4,105/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $2,443/mo, and a $1,713/mo payment keeps the spread at $342/mo. Purchase price stands at $350,000, and rental yield measures 8.38% with $2,443/mo rent. Return on cash invested shows 23.45% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 121.61% and total cumulative return in cash records $141,098. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,443/mo property income covering a $1,713/mo payment rather than investor’s personal income.

Single Family

Built in 1955

0.61 Acres lot

$N/A/sqft

No HOA

More details about the property

This is a beautiful example of mid-century modern styling in the form of a limestone "California Ranch". The home is located in a very desireable area of Bloomington that puts you just minutes from downtown, and is within walking distance to the IU Football Stadium and the Simon Skjodt Assembly Hall. Hardwood floors in all rooms except the bathrooms and foyer. The 3rd bedroom has carpet. A large 2 car garage with a new garage door and motor, along with a rare feature for Bloomington, an extremely flat and spacious back yard that is completely fenced in. This is a gem of a property and home that I know others will enjoy living in very much.