3701 E Rachels Glen RdBloomingtonIN47408
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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 3701 E Rachels Glen Rd, Bloomington, IN, 47408 offers a 3.69% rental yield on a $1,799,000 purchase with $5,532/mo rent. 53% in year one. Equity gained on principal adds $11,609/yr while 5% annual appreciation supports $497,031 over five years. Portfolio math shows five-year ROI at 46.82% and total cumulative return in cash at $272,913. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,532/mo property income against a $8,805/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
9.35 Acres lot
$N/A/sqft
No HOA
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Listed by: Jim Regester • RE/MAX Realty Professionals
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22061401