4224 S Orchard LnBloomingtonIN47403
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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 4224 S Orchard Ln, Bloomington, IN, 47403 with 5% annual appreciation on a $189,900 basis while $2,009/mo rent supports operations. Total monthly income totals $2,009/mo and a $929/mo payment preserves $870/mo for cash returns. Annual cash flow comes to $10,434/yr on $62,952 deployed, and return on cash invested reaches 36.48% in year one. Equity gained on principal adds $1,225/yr, and five-year appreciation sums $52,466 alongside rental yield of 12.7%. Five-year ROI measures 191.49% and total cumulative return in cash totals $120,545.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,009/mo property income versus a $929/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 1996
9,147 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
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Listed by: Jason Millican • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434457
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.