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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 Bloomington at 7486 S Ketcham Rd, Bloomington, IN, 47403 offers a 8.25% rental yield on a $539,900 purchase with $3,713/mo rent. Total monthly income registers $3,713/mo, and a $2,643/mo payment leaves $472/mo available for distribution. Annual cash flow reaches $5,659/yr on $177,627 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $3,484/yr while 5% annual appreciation supports $149,164 over five years. Portfolio math shows five-year ROI at 120.47% and total cumulative return in cash at $213,979. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,713/mo property income against a $2,643/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
2.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
| 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 |
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
Date | Event | Price |
|---|---|---|
| 2018-08-15 | Sold | $285,000 |
| 2018-07-09 | Pending sale | $285,000 |
| 2018-07-03 | Listed for sale | $285,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-12 | $2669.40 | 9.30% | $355,800 | 3.94% |
| 2023-06-12 | $2442.16 | 7.69% | $342,300 | 11.21% |
| 2022-06-12 | $2267.84 | -1.41% | $307,800 | 7.62% |
Listed by: Lorraine Fowler • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522263
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.
