3622 N Us Highway 41BloomingdaleIN47832
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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
Rental property for sale in Bloomingdale at 3622 N Us Highway 41, Bloomingdale, IN, 47832 generates $1,312/mo in rent and, after a $734/mo payment, leaves $412/mo in cash flow. Total monthly income is $1,312/mo, and annual cash flow is $4,941/yr on $49,725 invested. Return on cash invested sits at 29.85% in year one, and rental yield is 10.5% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 155.91% and total cumulative return in cash sums $77,526. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,312/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47832, Bloomingdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 288 (72.0%) |
| Renter Occupied HU | 57 (14.2%) |
| Vacant Housing Units | 55 (13.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $247,543 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
22
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Listed by: Caleb Emrick • Mossy Oak Properties Indiana Land and Lifestyle
Mls Name: REALSTACK
Mls ID: #91492