6895 E State Road 54BloomfieldIN47424
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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
Investment property for sale in Bloomfield at 6895 E State Road 54, Bloomfield, IN, 47424 earns from $2,413/mo rent with a $2,381/mo payment. Total monthly income totals $2,413/mo. ROI tracks 16.14% on current figures, and rental yield reads 5.95% at a $486,400 purchase. Equity gained on principal adds $3,139/yr, and 5% annual appreciation supports $134,383 over five years. Five-year ROI reaches 82.35% and total cumulative return in cash sums $132,778. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,413/mo property income instead of your personal income.
Single Family
Built in 1996
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
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Listed by: N/A • N/A
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