3115 S Mulberry LnBloomingtonIN47401
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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 3115 S Mulberry Ln, Bloomington, IN, 47401 with 5% annual appreciation on a $689,900 basis while $3,222/mo rent supports operations. 76% in year one. Equity gained on principal adds $4,452/yr, and five-year appreciation sums $190,607 alongside rental yield of 5.6%. Five-year ROI measures 75.14% and total cumulative return in cash totals $170,545. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,222/mo property income versus a $3,377/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1996
0.26 Acres 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: Alex Root • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202515391
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.