7301 W Airport RdBloomingtonIN47403
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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 7301 W Airport Rd, Bloomington, IN, 47403 generates $1,826/mo in rent and, after a $1,101/mo payment, leaves $476/mo in cash flow. Total monthly income is $1,826/mo, and annual cash flow is $5,707/yr on $74,588 invested. Return on cash invested sits at 27.56% in year one, and rental yield is 9.74% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 143.65% and total cumulative return in cash sums $107,145. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,826/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 8,232 (50.8%) |
| Renter Occupied HU | 6,740 (41.6%) |
| Vacant Housing Units | 1,248 ( 7.7%) |
| Median Home Value | $274,404 |
| Average Home Value | $300,479 |
Housing Distribution
Address Breakdown
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
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Listed by: Sarah Perfetti • Northwest Indiana Real Estate
Mls Name: IRMLS
Mls ID: #202547024