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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 Bloomington at 3523 S Tulip Ave, Bloomington, IN, 47403 generates $2,175/mo in rent, after a $2,031/mo payment. Total monthly income is $2,175/mo. Return on cash invested sits at 16.96% in year one, and rental yield is 6.29% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 86.84% and total cumulative return in cash sums $119,469. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
0.25 Acres lot
$N/A/sqft
$270 annually 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 |
|---|---|---|
| 2025-06-26 | Listed for sale | $415,000 |
| 2016-07-26 | Sold | $187,000 |
| 2016-05-19 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-27 | $2486.54 | 5.55% | $376,700 | 0.91% |
| 2023-06-27 | $2355.76 | 24.95% | $373,300 | 9.44% |
| 2022-06-27 | $1885.30 | 8.90% | $341,100 | 18.60% |
Listed by: Lyndsey Abdelkader • Sycamore Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202524625
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.
