7699 W Evans 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
Investment property for sale in Bloomington at 7699 W Evans Rd, Bloomington, IN, 47403 earns $578/mo cash flow from $2,708/mo rent with a $1,737/mo payment. Total monthly income totals $2,708/mo, and annual cash flow totals $6,932/yr on $117,649 capital. ROI tracks 25.8% on current figures, and rental yield reads 9.16% at a $354,900 purchase. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,052 over five years. Five-year ROI reaches 134.19% and total cumulative return in cash sums $157,876. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,708/mo property income instead of your personal income.
Single Family
Built in 2022
3.27 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: Pilar Taylor • The Indiana Team LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202601391
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.