4019 E Bennington BlvdBloomingtonIN47401
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
Investment property for sale in Bloomington at 4019 E Bennington Blvd, Bloomington, IN, 47401 offers a 9.13% rental yield on a $629,900 purchase with $4,790/mo rent. Total monthly income registers $4,790/mo, and a $3,083/mo payment leaves $1,009/mo available for distribution. Annual cash flow reaches $12,106/yr on $207,237 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $4,065/yr while 5% annual appreciation supports $174,030 over five years. Portfolio math shows five-year ROI at 134.7% and total cumulative return in cash at $279,147. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,790/mo property income against a $3,083/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
0.30 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Franklin • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls ID: #202602289