223 E 8th St, Bloomington, IN, 47408 | 4.45% Rental Yield

For Sale

Currently Rented

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 223 E 8th St, Bloomington, IN, 47408 offers a 4.45% rental yield on a $799,000 purchase with $2,962/mo rent. 69% in year one. Equity gained on principal adds $5,156/yr while 5% annual appreciation supports $220,749 over five years. Portfolio math shows five-year ROI at 58.47% and total cumulative return in cash at $153,702. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,962/mo property income against a $3,911/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Multi Family

Built in 1915

3,920 sqft lot

$N/A/sqft

No HOA