3720 W Cheryl DrBloomingtonIN47404
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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 3720 W Cheryl Dr, Bloomington, IN, 47404 listed at $467,900 pairs $3,050/mo rent with a $2,290/mo payment to leave $241/mo cash flow. Total monthly income runs $3,050/mo, and annual cash flow reaches $2,897/yr on $155,109 cash to close. Return on cash invested measures 21.78% in year one, and rental yield registers 7.82% at a $467,900 basis. Equity gained on principal adds $3,019/yr, and annual property appreciation at 5% supports $129,272 by year five. Five-year ROI tracks 112.63% and total cumulative return in cash totals $174,694. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,050/mo property income relative to a $2,290/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
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Listed by: Amanda Richardson • F.C. Tucker/Bloomington, REALT
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22076617