








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 2724 N Smith Pike, Bloomington, IN, 47404 generates $1,979/mo in rent and, after a $1,272/mo payment, leaves $419/mo in cash flow. Total monthly income is $1,979/mo, and annual cash flow is $5,027/yr on $86,157 invested. Return on cash invested sits at 25.74% in year one, and rental yield is 9.14% on a $259,900 entry. Equity gained on principal adds $1,677/yr, while 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash sums $115,342. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,979/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Bob Magiera • Hoosier, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22053113