7700 W Ratliff RdBloomingtonIN47404
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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
Rental property for sale in Bloomington at 7700 W Ratliff Rd, Bloomington, IN, 47404 generates $4,364/mo in rent and, after a $3,304/mo payment, leaves $312/mo in cash flow. Total monthly income is $4,364/mo, and annual cash flow is $3,742/yr on $222,075 invested. Return on cash invested sits at 21.75% in year one, and rental yield is 7.76% on a $675,000 entry. Equity gained on principal adds $4,356/yr, while 5% annual appreciation builds toward $186,490 over five years. Five-year ROI reaches 112.41% and total cumulative return in cash sums $249,627. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,364/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
2.50 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: Marji Legault • Monteith Legault Real Estate Company
Mls Name: IRMLS
Mls ID: #202535009