5759 S Glenview 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 5759 S Glenview Dr, Bloomington, IN, 47403 uses $167,757 cash to close to unlock $4,318/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $3,421/mo, and a $2,496/mo payment keeps the spread at $360/mo. Purchase price stands at $509,900, and rental yield measures 8.05% with $3,421/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $140,876 over five years. Five-year ROI reaches 117.18% and total cumulative return in cash records $196,580. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,421/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 2023
1.01 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: Andy Walker • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437371
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.