3858 S Laurel CtBloomingtonIN47401
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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 3858 S Laurel Ct, Bloomington, IN, 47401 at $212,240 posts ROI 26.28% with $374/mo cash flow from $2,003/mo rent. Total monthly income equals $2,003/mo, and annual cash flow records $4,485/yr on $70,358 to close. Return on cash invested measures 26.28% and rental yield reads 11.32% at the current $212,240. Equity gained on principal adds $1,370/yr, and 5% annual appreciation supports $58,638 by year five. Five-year ROI prints 138.99% and total cumulative return in cash totals $97,787.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,003/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1982
N/A lot
$N/A/sqft
$355 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
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Listed by: Susan Graves • RE/MAX Realty Professionals
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427947
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.