7702 W Airport 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 7702 W Airport Rd, Bloomington, IN, 47403 listed at $368,000 pairs $3,658/mo rent with a $1,801/mo payment to leave $1,449/mo cash flow. Total monthly income runs $3,658/mo, and annual cash flow reaches $17,390/yr on $121,992 cash to close. Return on cash invested measures 34.16% in year one, and rental yield registers 11.93% at a $368,000 basis. Equity gained on principal adds $2,375/yr, and annual property appreciation at 5% supports $101,672 by year five. Five-year ROI tracks 179.08% and total cumulative return in cash totals $218,461. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,658/mo property income relative to a $1,801/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
2 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: Alex Root • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506019
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.