401 S High StBloomingtonIN47401
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Bloomington at 401 S High St, Bloomington, IN, 47401 priced at $865,000 converts $5,216/mo rent into $23/mo cash flow after a $4,234/mo obligation. Total monthly income equals $5,216/mo, and annual cash flow totals $279/yr on $284,585 invested. Return on cash invested prints 20.16% in year one, and rental yield reads 7.24% against a $865,000 entry. Equity gained on principal adds $5,582/yr, while 5% annual appreciation compiles into $238,984 by year five. Five-year ROI reaches 103.91% and total cumulative return in cash sums $295,707. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,216/mo property income covering a $4,234/mo payment, not borrower’s personal income.
Single Family
Built in 1866
0.58 Acres lot
$N/A/sqft
No 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: Quinton Mayo • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls ID: #202542562