7960 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 7960 N Thames Dr, Bloomington, IN, 47408 priced at $1,100,000 converts $4,235/mo rent into after a $5,384/mo obligation. Total monthly income equals $4,235/mo. Return on cash invested prints 11.97% in year one, and rental yield reads 4.62% against a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation compiles into $303,910 by year five. Five-year ROI reaches 60.07% and total cumulative return in cash sums $214,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,235/mo property income covering a $5,384/mo payment, not borrower’s personal income.
Single Family
Built in 2004
3.03 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Chris D Smith • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202510136
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