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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 257 E Indiana Ave, Bloomfield, IN, 47424 at $129,900 posts ROI 30.49% with $380/mo cash flow from $1,310/mo rent. Total monthly income equals $1,310/mo, and annual cash flow records $4,556/yr on $43,062 to close. Return on cash invested measures 30.49% and rental yield reads 12.1% at the current $129,900. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 by year five. Five-year ROI prints 160.86% and total cumulative return in cash totals $69,271.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,310/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1935
10,018 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 |
|---|---|---|
| 2024-12-27 | Sold | $129,900 |
| 2024-11-22 | Pending sale | $129,900 |
| 2024-11-13 | Price change | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2881.96 | -13.80% | $175,700 | 17.92% |
| 2023-10-22 | $3343.16 | 6.36% | $149,000 | -15.68% |
| 2022-10-22 | $3143.34 | 8.84% | $176,700 | 12.76% |
Listed by: Randy Harris • HARRIS REAL ESTATE LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439833
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.
