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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 3832 E Cobble Creek Dr, Bloomington, IN, 47401 offers $1,704/mo rent that, after a $1,321/mo payment. Total monthly income is $1,704/mo. Return on cash invested measures 15.1% in year one, and rental yield stands at 7.58% at a $269,900 entry. Equity gained on principal adds $1,742/yr while 5% annual appreciation compounds into $74,568 by year five. Five-year ROI records 78.98% and total cumulative return in cash reaches $70,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,704/mo property income versus a $1,321/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Townhouse
Built in 2005
N/A lot
$N/A/sqft
$185 monthly HOA
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,651 (100%) |
| Owner Occupied HU | 10,173 (49.3%) |
| Renter Occupied HU | 8,522 (41.3%) |
| Vacant Housing Units | 1,956 ( 9.5%) |
| Median Home Value | $366,019 |
| Average Home Value | $425,030 |
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
Date | Event | Price |
|---|---|---|
| 2025-06-14 | Listed for sale | $269,900 |
| 2025-05-13 | Listing removed | $269,000 |
| 2025-04-18 | Listed for sale | $269,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-17 | $5326.22 | 123.74% | $251,500 | -0.08% |
| 2023-06-17 | $2380.50 | 30.38% | $251,700 | 6.56% |
| 2022-06-17 | $1825.84 | 4.21% | $236,200 | 24.64% |
Listed by: Preetham Dhoopati • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522753
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.
