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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 635 W Turner St, Bloomfield, IN, 47424 listed at $155,000 pairs $1,268/mo rent with a $759/mo payment to leave $337/mo cash flow. Total monthly income runs $1,268/mo, and annual cash flow reaches $4,047/yr on $51,383 cash to close. Return on cash invested measures 27.78% in year one, and rental yield registers 9.82% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 144.9% and total cumulative return in cash totals $74,452. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,268/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1955
7,840 sqft 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 |
|---|---|---|
| 2024-10-16 | Sold | $155,000 |
| 2024-09-05 | Listed for sale | $149,900 |
| 2023-04-07 | Sold | $127,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $371.64 | -69.68% | $59,600 | 1.02% |
| 2023-10-22 | $1225.56 | 3.86% | $59,000 | -3.12% |
| 2022-10-22 | $1180.04 | 0.43% | $60,900 | 5.18% |
What's Special
Storage
Listed by: Lisa Hasler • Harrah Realty Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202434142
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.
