226 S Cave Creek DrBloomingtonIN47403
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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 Bloomington at 226 S Cave Creek Dr, Bloomington, IN, 47403 listed at $565,000 pairs $5,746/mo rent with a $2,765/mo payment to leave $2,355/mo cash flow. Total monthly income runs $5,746/mo, and annual cash flow reaches $28,257/yr on $185,885 cash to close. Return on cash invested measures 35.26% in year one, and rental yield registers 12.2% at a $565,000 basis. Equity gained on principal adds $3,646/yr, and annual property appreciation at 5% supports $156,099 by year five. Five-year ROI tracks 184.89% and total cumulative return in cash totals $343,683. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,746/mo property income relative to a $2,765/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2010
7,230 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 8,232 (50.8%) |
| Renter Occupied HU | 6,740 (41.6%) |
| Vacant Housing Units | 1,248 ( 7.7%) |
| Median Home Value | $274,404 |
| Average Home Value | $300,479 |
Housing Distribution
Address Breakdown
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
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Listed by: Robert Double • Valu-Net Realty
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22043802