4282 W Harrington StBloomingtonIN47404
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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
Rental property for sale in Bloomington at 4282 W Harrington St, Bloomington, IN, 47404 generates $3,091/mo in rent and, after a $1,762/mo payment, leaves $930/mo in cash flow. Total monthly income is $3,091/mo, and annual cash flow is $11,160/yr on $119,340 invested. Return on cash invested sits at 29.26% in year one, and rental yield is 10.3% on a $360,000 entry. Equity gained on principal adds $2,323/yr, while 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 152.73% and total cumulative return in cash sums $182,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,091/mo property income rather than buyer’s personal income.
Single Family
Built in 1999
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
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Listed by: Juan Carlos Carrasquel CCIM • The JuanSells.com Realty Co
Mls Name: IRMLS
Mls ID: #202534245