2390 E Winding Brook CirBloomingtonIN47401
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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
Rental property for sale in Bloomington at 2390 E Winding Brook Cir, Bloomington, IN, 47401 priced at $182,000 converts $2,407/mo rent into $929/mo cash flow after a $891/mo obligation. Total monthly income equals $2,407/mo, and annual cash flow totals $11,151/yr on $60,333 invested. Return on cash invested prints 38.39% in year one, and rental yield reads 15.87% against a $182,000 entry. Equity gained on principal adds $1,174/yr, while 5% annual appreciation compiles into $50,283 by year five. Five-year ROI reaches 204.54% and total cumulative return in cash sums $123,405. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,407/mo property income covering a $891/mo payment, not borrower’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,651 (100%) |
| Owner Occupied HU | 10,173 (49.3%) |
| Renter Occupied HU | 8,522 (41.3%) |
| Vacant Housing Units | 1,956 ( 9.5%) |
| Median Home Value | $366,019 |
| Average Home Value | $425,030 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
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Listed by: Janet Lane • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202420852
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.