3220 E John Hinkle Pl APT B, Bloomington, IN, 47408 | $611/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
800 sft

1589 W Shore Dr, Nashville, IN, 47448

3 Bed
2 Bath
1342 sft

1359 S Mulberry St, Martinsville, IN, 46151

3 Bed
1 Bath
1130 sft

6447 W Delap Rd, Ellettsville, IN, 47429

2 Bed
2 Bath
930 sft

606 E Sherwood Hills Dr, Bloomington, IN, 47401

Nearby investment properties with comparable prices

2 Bed
2 Bath
1007 sft

9607 S Lake Ridge Dr, Bloomington, IN, 47401

2 Bed
2 Bath
1296 sft

33 S Park Ave, Spencer, IN, 47460

2 Bed
1 Bath
822 sft

9444 S Lake Ridge Dr, Bloomington, IN, 47401

3 Bed
1 Bath
925 sft

320 W Hickory Dr, Ellettsville, IN, 47429

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Bloomington at 3220 E John Hinkle Pl APT B, Bloomington, IN, 47408 listed at $230,000 pairs $1,992/mo rent with a $1,126/mo payment to leave $611/mo cash flow. Total monthly income runs $1,992/mo, and annual cash flow reaches $7,333/yr on $76,245 cash to close. Return on cash invested measures 29.53% in year one, and rental yield registers 10.39% at a $230,000 basis. Equity gained on principal adds $1,484/yr, and annual property appreciation at 5% supports $63,545 by year five. Five-year ROI tracks 154.25% and total cumulative return in cash totals $117,607. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,992/mo property income relative to a $1,126/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2002

N/A lot

$N/A/sqft

No HOA