7870 N Thames DrBloomingtonIN47408
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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 7870 N Thames Dr, Bloomington, IN, 47408 priced at $530,000 converts $6,000/mo rent into $2,785/mo cash flow after a $2,594/mo obligation. Total monthly income equals $6,000/mo, and annual cash flow totals $33,423/yr on $174,370 invested. Return on cash invested prints 39.23% in year one, and rental yield reads 13.58% against a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation compiles into $146,429 by year five. Five-year ROI reaches 206.25% and total cumulative return in cash sums $359,647. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,000/mo property income covering a $2,594/mo payment, not borrower’s personal income.
Single Family
Built in 1993
1.92 Acres lot
$N/A/sqft
$400 annually HOA
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Listed by: Janie Ackerman • Griffin Realty Holdings LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202446098
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