455 W Main StBloomfieldIN47424
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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 Bloomfield at 455 W Main St, Bloomfield, IN, 47424 with 5% annual appreciation on a $195,900 basis while $870/mo rent supports operations. 25% in year one. Equity gained on principal adds $1,264/yr, and five-year appreciation sums $54,124 alongside rental yield of 5.33%. Five-year ROI measures 72.26% and total cumulative return in cash totals $46,925. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $870/mo property income versus a $959/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1947
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 3,022 (72.5%) |
| Renter Occupied HU | 683 (16.4%) |
| Vacant Housing Units | 461 (11.1%) |
| Median Home Value | $195,513 |
| Average Home Value | $228,684 |
Housing Distribution
Address Breakdown
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
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Listed by: Elizabeth Knepp • F.C. TUCKER EMGE
Mls Name: IRMLS
Mls ID: #202548526