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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bloomfield at 3340 S Allen St, Bloomfield, IN, 47424 offers a 9.45% rental yield on a $203,000 purchase with $1,598/mo rent. Total monthly income registers $1,598/mo, and a $994/mo payment leaves $379/mo available for distribution. Annual cash flow reaches $4,548/yr on $67,295 to close, and return on cash invested stands at 26.67% in year one. Equity gained on principal adds $1,310/yr while 5% annual appreciation supports $56,085 over five years. Portfolio math shows five-year ROI at 138.93% and total cumulative return in cash at $93,494. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,598/mo property income against a $994/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1944
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 3,022 (72.5%) |
| Renter Occupied HU | 683 (16.4%) |
| Vacant Housing Units | 461 (11.1%) |
| Median Home Value | $195,513 |
| Average Home Value | $228,684 |
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
Date | Event | Price |
|---|---|---|
| 2024-11-13 | Sold | $203,000 |
| 2024-11-05 | Pending sale | $209,900 |
| 2024-06-06 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Risa Dyar • Risa Dyar Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202420480
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.
