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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 Bloomington at 618 W Howe St, Bloomington, IN, 47403 with 5% annual appreciation on a $290,000 basis while $1,620/mo rent supports operations. 41% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,122 alongside rental yield of 6.7%. Five-year ROI measures 94.55% and total cumulative return in cash totals $90,892. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,620/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1899
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
| 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 |
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Lance DaSilva • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls ID: #202538308
