209 River DrBloomfieldIN47424
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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 Bloomfield at 209 River Dr, Bloomfield, IN, 47424 at $525,000 posts ROI 18.43% with from $2,917/mo rent. Total monthly income equals $2,917/mo. Return on cash invested measures 18.43% and rental yield reads 6.67% at the current $525,000. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 by year five. Five-year ROI prints 94.64% and total cumulative return in cash totals $163,473. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,917/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1991
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 3,022 (72.5%) |
| Renter Occupied HU | 683 (16.4%) |
| Vacant Housing Units | 461 (11.1%) |
| Median Home Value | $195,513 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
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Listed by: Lacey Hays • Land Pro Realty
Mls Name: IRMLS
Mls ID: #202545799