7506 W Justice AveBloomingtonIN47404
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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 7506 W Justice Ave, Bloomington, IN, 47404 listed at $372,500 pairs $2,694/mo rent with a $1,823/mo payment to leave $458/mo cash flow. Total monthly income runs $2,694/mo, and annual cash flow reaches $5,498/yr on $123,484 cash to close. Return on cash invested measures 24.36% in year one, and rental yield registers 8.68% at a $372,500 basis. Equity gained on principal adds $2,404/yr, and annual property appreciation at 5% supports $102,915 by year five. Five-year ROI tracks 126.5% and total cumulative return in cash totals $156,202. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,694/mo property income relative to a $1,823/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
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Listed by: Tracee Lutes • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202508659
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.