750 S Parkway DrBloomingtonIN47403
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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 Bloomington at 750 S Parkway Dr, Bloomington, IN, 47403 offers a 7.88% rental yield on a $259,900 purchase with $1,706/mo rent. Total monthly income registers $1,706/mo, and a $1,272/mo payment leaves $146/mo available for distribution. Annual cash flow reaches $1,751/yr on $86,157 to close, and return on cash invested stands at 21.94% in year one. Equity gained on principal adds $1,677/yr while 5% annual appreciation supports $71,806 over five years. Portfolio math shows five-year ROI at 113.5% and total cumulative return in cash at $97,786. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,706/mo property income against a $1,272/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
9,583 sqft 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: Tod Wesemann • Picket Fence Real Estate Co LLC
Mls Name: IRMLS
Mls ID: #202516618