724 E Crestline Dr, Bloomington, IN, 47401 | $1,781/mo Cash Flow

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724 E Crestline Dr, Bloomington, IN, 47401 | $1,781/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Bloomington at 724 E Crestline Dr, Bloomington, IN, 47401 priced at $780,000 converts $6,463/mo rent into $1,781/mo cash flow after a $3,818/mo obligation. Total monthly income equals $6,463/mo, and annual cash flow totals $21,366/yr on $256,620 invested. Return on cash invested prints 28.39% in year one, and rental yield reads 9.94% against a $780,000 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,500 by year five. Five-year ROI reaches 148.02% and total cumulative return in cash sums $379,852. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,463/mo property income covering a $3,818/mo payment, not borrower’s personal income.

Single Family

Built in 2025

0.31 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Holland Fields where space, luxury, and quality craftsmanship come together in this stunning new construction home featuring high quality finishes including engineered hardwood flooring, amish cabinetry, beautiful tile work, and elevated quartz countertops. The main level offers a thoughtful layout with a spacious primary suite conveniently connected to the laundry room. The kitchen showcases rich textures and modern design elements seamlessly overlooking the open living room centered around a cozy fireplace. Just off the main living area, youll find a designated dining area with access to a large deck, a private office, two additional bedrooms, and a full bathroom. The lower level offers additional living space with a full kitchen, two bedrooms; each with a walk-in closet, a full bathroom, and an oversized bonus room ideal for a home theater, gym, or playroom. The space continues to expand outdoors on the lower level patio offering even more space for entertaining.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	20,651 (100%)
Owner Occupied HU	10,173 (49.3%)
Renter Occupied HU	8,522 (41.3%)
Vacant Housing Units	1,956 ( 9.5%)
Median Home Value	$366,019
Average Home Value	$425,030