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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% |
Rental property for sale in Bloomfield at 340 W Turner St, Bloomfield, IN, 47424 priced at $239,000 pairs $2,047/mo rent with $612/mo cash flow after a $1,170/mo payment. Total monthly income equals $2,047/mo, and annual cash flow comes to $7,345/yr on $79,229 invested. Return on cash invested is 29.18% in year one, and rental yield stands at 10.28% on a $239,000 basis. Equity gained on principal adds $1,542/yr, and 5% annual appreciation accumulates to $66,031 by year five. Five-year ROI measures 152.38% and total cumulative return in cash reaches $120,732. For financing, Ziffy Mortgage’s DSCR program evaluates $2,047/mo property income against a $1,170/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.37 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 |
|---|---|---|
| 2025-06-10 | Listed for sale | $239,000 |
| 2025-05-27 | Listing removed | N/A |
| 2024-12-20 | Listed for sale | $239,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-11 | $315.58 | 21.58% | $50,500 | 0.80% |
| 2023-06-11 | $259.56 | 1.27% | $50,100 | -2.53% |
| 2022-06-11 | $256.30 | -73.25% | $51,400 | 7.31% |
Listed by: Lacey Hays • Land Pro Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202521961
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.
