6529 N Viking Ridge RdBloomingtonIN47408
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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
Rental property for sale in Bloomington at 6529 N Viking Ridge Rd, Bloomington, IN, 47408 generates $3,322/mo in rent and, after a $1,904/mo payment, leaves $987/mo in cash flow. Total monthly income is $3,322/mo, and annual cash flow is $11,842/yr on $128,954 invested. Return on cash invested sits at 29.09% in year one, and rental yield is 10.25% on a $389,000 entry. Equity gained on principal adds $2,510/yr, while 5% annual appreciation builds toward $107,474 over five years. Five-year ROI reaches 151.84% and total cumulative return in cash sums $195,798. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,322/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
0.82 Acres lot
$N/A/sqft
No HOA
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Listed by: Gabrielle Getts • United Country Coffey Realty & Auction
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534071
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.