Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
No similar rental properties found nearby.
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 3118 S Hoff Ln, Bloomington, IN, 47403 offers $4,656/mo rent that, after a $3,421/mo payment. Total monthly income is $4,656/mo. Return on cash invested measures 19.88% in year one, and rental yield stands at 7.99% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 103.38% and total cumulative return in cash reaches $237,734. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,656/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
4.67 Acres 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 |
|---|---|---|
| 2025-03-14 | Listed for sale | $699,000 |
| 2025-03-14 | Listing removed | $699,950 |
| 2024-08-18 | Price change | $699,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-17 | $11728.96 | 1347.52% | $771,100 | 0.89% |
| 2023-03-17 | $810.28 | 8.65% | $764,300 | 1297.26% |
| 2022-03-17 | $745.76 | 5.66% | $54,700 | 10.06% |
No similar rental properties found nearby.
Listed by: Cortney Walcott • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508199
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.
