5020 N Aldrin Ct, Springville, IN, 47404 | $1,081/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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5020 N Aldrin Ct, Springville, IN, 47404 | $1,081/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Springville at 5020 N Aldrin Ct, Springville, IN, 47404 uses $99,417 cash to close to unlock $12,967/yr annual cash flow and $1,081/mo monthly cash flow. Total monthly income runs $2,881/mo, and a $1,468/mo payment keeps the spread at $1,081/mo. Purchase price stands at $299,900, and rental yield measures 11.53% with $2,881/mo rent. Return on cash invested shows 32.95% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 172.55% and total cumulative return in cash records $171,544. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,881/mo property income covering a $1,468/mo payment rather than investor’s personal income.

Single Family

Built in 1968

1.30 Acres lot

$N/A/sqft

No HOA

More details about the property

Mid-Century modern ranch over basement. This mostly limestone home is situated in popular Forest Park Farms on a very private 1.3 acre lot. Over 2,100 s.f. with 4 bedrooms, 3 baths and large living, family and dining rooms. Oversized 2 car garage, in ground pool, multiple yard barns. Fireplace in family room, kitchen with breakfast nook and many midcentury features. Full unfinished walkout basement. Long time ownership is now being sold for the estate. This home offers lots of potential as an owner occupied fixer upper, investment, or flip.

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