527 S Cobblestone CtBloomingtonIN47403
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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 527 S Cobblestone Ct, Bloomington, IN, 47403 offers $2,118/mo rent that, after a $1,458/mo payment, leaves $330/mo cash flow. Total monthly income is $2,118/mo, and annual cash flow is $3,958/yr on $98,754 cash. Return on cash invested measures 23.92% in year one, and rental yield stands at 8.53% at a $297,900 entry. Equity gained on principal adds $1,922/yr while 5% annual appreciation compounds into $82,304 by year five. Five-year ROI records 124.08% and total cumulative return in cash reaches $122,533. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,118/mo property income versus a $1,458/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
6,534 sqft 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: Susie Hendricks • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls ID: #202601245