Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomington at 2611 S Addisyn Ln, Bloomington, IN, 47403 generates $2,066/mo in rent and, after a $1,223/mo payment, leaves $537/mo in cash flow. Total monthly income is $2,066/mo, and annual cash flow is $6,440/yr on $82,842 invested. Return on cash invested sits at 27.68% in year one, and rental yield is 9.92% on a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 144.45% and total cumulative return in cash sums $119,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,066/mo property income rather than buyer’s personal income.
Townhouse
Built in 2007
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
| 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 |
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
Date | Event | Price |
|---|---|---|
| 2024-10-04 | Sold | $249,900 |
| 2024-08-21 | Listed for sale | $254,900 |
| 2022-03-01 | Sold | $242,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $2425.64 | 11.19% | $244,300 | -0.08% |
| 2023-10-22 | $2181.46 | 23.45% | $244,500 | 10.83% |
| 2022-10-22 | $1767.10 | 7.29% | $220,600 | 19.24% |
Listed by: Rachel Wigington • Seasons of Indiana Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431989
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.
