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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% |
Investment property for sale in Bloomfield at 220 W Spring St, Bloomfield, IN, 47424 listed at $195,000 pairs $1,525/mo rent with a $954/mo payment to leave $355/mo cash flow. Total monthly income runs $1,525/mo, and annual cash flow reaches $4,258/yr on $64,643 cash to close. Return on cash invested measures 26.5% in year one, and rental yield registers 9.38% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 137.92% and total cumulative return in cash totals $89,158. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,525/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
5,508 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
| 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 |
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
Date | Event | Price |
|---|---|---|
| 2025-08-14 | Listed for sale | $195,000 |
| 2021-03-24 | Listing removed | N/A |
| 2017-09-25 | Listing removed | $78,600 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-15 | $448.48 | 11.34% | $71,900 | 0.98% |
| 2023-08-15 | $402.80 | 1.93% | $71,200 | -3.00% |
| 2022-08-15 | $395.16 | 13.54% | $73,400 | 8.58% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
