2619 E 5th StBloomingtonIN47408
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 2619 E 5th St, Bloomington, IN, 47408 generates $1,954/mo in rent and, after a $1,590/mo payment, leaves $4/mo in cash flow. Total monthly income is $1,954/mo, and annual cash flow is $47/yr on $107,704 invested. Return on cash invested sits at 19.95% in year one, and rental yield is 7.22% on a $324,900 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,764 over five years. Five-year ROI reaches 102.81% and total cumulative return in cash sums $110,729. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,954/mo property income rather than buyer’s personal income.
Multi Family
Built in 1953
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tim Ballard • Aligned Property Group
Mls Name: IRMLS
Mls ID: #202547895