508-510 W San Juan DrBloomingtonIN47403
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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 508-510 W San Juan Dr, Bloomington, IN, 47403 listed at $349,900 pairs $3,044/mo rent with a $1,713/mo payment to leave $943/mo cash flow. Total monthly income runs $3,044/mo, and annual cash flow reaches $11,318/yr on $115,992 cash to close. Return on cash invested measures 29.67% in year one, and rental yield registers 10.44% at a $349,900 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,671 by year five. Five-year ROI tracks 154.96% and total cumulative return in cash totals $179,742. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,044/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1960
0.32 Acres 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: Kate Miller • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls ID: #202527540