704 S Broadway StBloomingdaleIN47832
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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 Bloomingdale at 704 S Broadway St, Bloomingdale, IN, 47832 at $317,500 posts ROI 22.04% with $187/mo cash flow from $2,093/mo rent. Total monthly income equals $2,093/mo, and annual cash flow records $2,245/yr on $105,251 to close. Return on cash invested measures 22.04% and rental yield reads 7.91% at the current $317,500. Equity gained on principal adds $2,049/yr, and 5% annual appreciation supports $87,719 by year five. Five-year ROI prints 114.08% and total cumulative return in cash totals $120,070.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,093/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1909
4.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47832, Bloomingdale, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 288 (72.0%) |
| Renter Occupied HU | 57 (14.2%) |
| Vacant Housing Units | 55 (13.7%) |
| Median Home Value | $193,750 |
| Average Home Value | $247,543 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
22
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Listed by: Beth Walden • Seasons of Indiana Real Estate LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431646
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.