3425 S Garrison Chapel RdBloomingtonIN47403
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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 3425 S Garrison Chapel Rd, Bloomington, IN, 47403 listed at $624,900 pairs $5,191/mo rent with a $3,059/mo payment to leave $1,439/mo cash flow. Total monthly income runs $5,191/mo, and annual cash flow reaches $17,273/yr on $205,592 cash to close. Return on cash invested measures 28.46% in year one, and rental yield registers 9.97% at a $624,900 basis. Equity gained on principal adds $4,032/yr, and annual property appreciation at 5% supports $172,648 by year five. Five-year ROI tracks 148.44% and total cumulative return in cash totals $305,177. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $5,191/mo property income relative to a $3,059/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
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Listed by: William Hurst • Carpenter, REALTORS
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22054772