538 N Park Ridge Rd,Bloomington,IN,47408

Investment Highlights

Rental property for sale in Bloomington at 538 N Park Ridge Rd, Bloomington, IN, 47408 offers $2,996/mo rent that, after a $1,786/mo payment, leaves $805/mo cash flow. Total monthly income is $2,996/mo, and annual cash flow is $9,666/yr on $120,998 cash. Return on cash invested measures 27.9% in year one, and rental yield stands at 9.85% at a $365,000 entry. Equity gained on principal adds $2,355/yr while 5% annual appreciation compounds into $100,843 by year five. Five-year ROI records 145.45% and total cumulative return in cash reaches $175,987. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,996/mo property income versus a $1,786/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.