5200 S Leonard Springs Rd, Bloomington, IN, 47403 | 5.49% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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5200 S Leonard Springs Rd, Bloomington, IN, 47403 | 5.49% Rental Yield | 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 Bloomington at 5200 S Leonard Springs Rd, Bloomington, IN, 47403 earns from $4,349/mo rent with a $4,649/mo payment. Total monthly income totals $4,349/mo. ROI tracks 14.87% on current figures, and rental yield reads 5.49% at a $949,900 purchase. Equity gained on principal adds $6,130/yr, and 5% annual appreciation supports $262,440 over five years. Five-year ROI reaches 75.53% and total cumulative return in cash sums $236,034. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,349/mo property income instead of your personal income.

Single Family

Built in 1993

13.63 Acres lot

$N/A/sqft

No HOA

More details about the property

An incredibly private setting is found on this amazing country estate! Situated on a gorgeous 13.63ac parcel of ground featuring an almost 4,000 sqft main house w/in ground swimming pool, hot tub, an almost 2,000 sqft secondary house, and a 2,400 sqft outbuilding including an RV door- this property offers so much! The main house is a 3bd, 3.5ba two-story w/a 3 car garage and a 16 x 40 in ground pool. The home has been extensively updated w/hardwood floors throughout the main level, and a beautifully remodeled kitchen featuring a large quartz center island, quartz counters, and a stainless steel appliance package. The main level also contains a huge great room w/soaring ceilings and a floor to ceiling stacked stone double sided fireplace. The luxurious primary suite is also on the main level featuring a fireplace and renovated bath. More highlights include a multifunctional sunroom that spills out to the pool area. The 2nd home on the property is very multifunctional. Home office, workout space, in-law or teenager suite, Airbnb, pool/party house-your limits are your imagination! The 2,400 sqft outbuilding offers great space for storage and any number of hobbies or home occupations. Just minutes to I69 and quick access into town. If looking for the ultimate in privacy, you do not want to miss this one!

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