2404 S Rogers StBloomingtonIN47403
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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 2404 S Rogers St, Bloomington, IN, 47403 offers a 9.12% rental yield on a $169,900 purchase with $1,291/mo rent. Total monthly income registers $1,291/mo, and a $832/mo payment leaves $216/mo available for distribution. Annual cash flow reaches $2,587/yr on $56,322 to close, and return on cash invested stands at 24.5% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 127.67% and total cumulative return in cash at $71,906. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,291/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
3,484 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: Corinne Wilson • eXp Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509397
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.