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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 658 W Turner St, Bloomfield, IN, 47424 earns $337/mo cash flow from $1,417/mo rent with a $881/mo payment. Total monthly income totals $1,417/mo, and annual cash flow totals $4,039/yr on $59,637 capital. ROI tracks 26.68% on current figures, and rental yield reads 9.45% at a $179,900 purchase. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 over five years. Five-year ROI reaches 138.96% and total cumulative return in cash sums $82,869. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,417/mo property income instead of your personal income.
Single Family
Built in 1920
0.34 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 |
|---|---|---|
| 2024-10-23 | Sold | $179,900 |
| 2024-09-22 | Listed for sale | $179,900 |
| 2017-06-19 | Sold | $73,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $418.88 | -23.54% | $67,100 | 0.90% |
| 2023-10-22 | $547.86 | 17.96% | $66,500 | -2.49% |
| 2022-10-22 | $464.44 | 2.60% | $68,200 | 7.91% |
Listed by: Molly Shanks • Sycamore Real Estate Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436674
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.
