6009 E American Bottoms Rd, Bloomfield, IN, 47424 | $671/mo Cash Flow

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6009 E American Bottoms Rd, Bloomfield, IN, 47424 | $671/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Bloomfield at 6009 E American Bottoms Rd, Bloomfield, IN, 47424 uses $59,637 cash to close to unlock $8,047/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $1,751/mo, and a $881/mo payment keeps the spread at $671/mo. Purchase price stands at $179,900, and rental yield measures 11.68% with $1,751/mo rent. Return on cash invested shows 33.4% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 174.97% and total cumulative return in cash records $104,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,751/mo property income covering a $881/mo payment rather than investor’s personal income.

Manufactured

Built in 1999

0.97 Acres lot

$N/A/sqft

No HOA

More details about the property

Enjoy country living with this 3-bedroom, 2-bath manufactured home sitting on an acre in scenic Eastern Greene County - offering space, peace, and great views of the countryside. Recent updates including a new gas HVAC system, new LVP flooring and carpet throughout, and new front and back decks perfect for relaxing and taking in the quiet surroundings. Inside youll find a comfortable layout with a large living area, open kitchen and dining space, and a split-bedroom floor plan that gives everyone a little privacy. This home is move in ready, and includes all listed, shown appliances. Property will only qualify for a conventional loan or a cash purchase and being sold "as-is".

Neighborhood Data

Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,166 (100%)
Owner Occupied HU	3,022 (72.5%)
Renter Occupied HU	683 (16.4%)
Vacant Housing Units	461 (11.1%)
Median Home Value	$195,513
Average Home Value	$228,684