769 S Harvey DrBloomingtonIN47403
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 769 S Harvey Dr, Bloomington, IN, 47403 uses $95,804 cash to close to unlock $11,948/yr annual cash flow and $996/mo monthly cash flow. Total monthly income runs $2,731/mo, and a $1,415/mo payment keeps the spread at $996/mo. Purchase price stands at $289,000, and rental yield measures 11.34% with $2,731/mo rent. Return on cash invested shows 32.38% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 169.5% and total cumulative return in cash records $162,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,731/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1974
0.28 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Clark • Barberry Realty
Mls Name: IRMLS
Mls ID: #202534997