5686 W Gunnar CtBloomingtonIN47403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5686 W Gunnar Ct, Bloomington, IN, 47403 priced at $325,000 converts $3,048/mo rent into $1,087/mo cash flow after a $1,591/mo obligation. Total monthly income equals $3,048/mo, and annual cash flow totals $13,041/yr on $107,738 invested. Return on cash invested prints 32.01% in year one, and rental yield reads 11.25% against a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation compiles into $89,792 by year five. Five-year ROI reaches 167.55% and total cumulative return in cash sums $180,517. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,048/mo property income covering a $1,591/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.44 Acres lot
$N/A/sqft
$120 annually 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin Ellis • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202419001
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.