3758 S Walter Ave, Bloomington, IN, 47403 | $734/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3758 S Walter Ave, Bloomington, IN, 47403 | $734/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

- Bed
2 Bath
1680 sft

11462 E Miller Ln, Springville, IN, 47462

3 Bed
2 Bath
1904 sft

1230 S Iron Mountain Rd, Bloomfield, IN, 47424

- Bed
- Bath
- sft

3396 S Robinson Rd, Bloomfield, IN, 47424

3 Bed
2 Bath
2016 sft

12067 E Bedrock Ln, Springville, IN, 47462

Nearby investment properties with comparable prices

3 Bed
2 Bath
1512 sft

500 Forest Dr, Bloomfield, IN, 47424

$ 235,000

ROI

Cash Flow/m

3 Bed
3 Bath
1280 sft

1045 S State Road 45 Rd, Springville, IN, 47462

$ 235,000

ROI

Cash Flow/m

3 Bed
3 Bath
1280 sft

1045 S State Road 45, Springville, IN, 47462

3 Bed
3 Bath
2256 sft

340 W Turner St, Bloomfield, IN, 47424

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Bloomington at 3758 S Walter Ave, Bloomington, IN, 47403 generates $2,144/mo in rent and, after a $1,150/mo payment, leaves $734/mo in cash flow. Total monthly income is $2,144/mo, and annual cash flow is $8,802/yr on $77,903 invested. Return on cash invested sits at 31.21% in year one, and rental yield is 10.95% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 163.21% and total cumulative return in cash sums $127,144. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,144/mo property income rather than buyer’s personal income.

Single Family

Built in 2008

2,613 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 4 Bdrm, 1.5 Bath in on the west side of Bloomington, IN. Subdivision is located off of hwy 45 in a rural subdivision. This home features a covered front porch and with of elbow room on this large corner lot. You will find a handy storage shed behind the house and a large garden with raised beds, and fruit trees. The fruit trees include, papaw, apple, fig, and a blueberry bush. On the inside you will find dark wood flooring and newer LG appliances in the kitchen as well as LG washer/dryer combo in the laundry room! Tile floors are set to be installed in the kitchen, laundry room, and both bathrooms.

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