2624 E Oaklawn CtBloomingtonIN47401
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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 2624 E Oaklawn Ct, Bloomington, IN, 47401 earns $158/mo cash flow from $1,659/mo rent with a $1,224/mo payment. Total monthly income totals $1,659/mo, and annual cash flow totals $1,895/yr on $82,875 capital. ROI tracks 22.2% on current figures, and rental yield reads 7.96% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 114.85% and total cumulative return in cash sums $95,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,659/mo property income instead of your personal income.
Condo
Built in 2002
N/A lot
$N/A/sqft
No 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: Jamie Morris • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls ID: #202528559