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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Bloomfield at 606 S Franklin St, Bloomfield, IN, 47424 earns from $1,662/mo rent with a $1,370/mo payment. Total monthly income totals $1,662/mo. ROI tracks 19.67% on current figures, and rental yield reads 7.12% at a $280,000 purchase. Equity gained on principal adds $1,807/yr, and 5% annual appreciation supports $77,359 over five years. Five-year ROI reaches 101.33% and total cumulative return in cash sums $94,053. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,662/mo property income instead of your personal income.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
| 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 |
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
Date | Event | Price |
|---|---|---|
| 2024-11-22 | Sold | $280,000 |
| 2024-10-17 | Price change | $299,900 |
| 2024-09-19 | Listed for sale | $330,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $156.84 | -5.40% | $77,700 | 1.04% |
| 2023-10-22 | $165.80 | 74.75% | $76,900 | -2.66% |
| 2022-10-22 | $94.88 | 6.44% | $79,000 | 8.22% |
Listed by: Mark Bush • Harrah Realty Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436314
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.
