802 E Allendale DrBloomingtonIN47401
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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 802 E Allendale Dr, Bloomington, IN, 47401 priced at $330,000 pairs $2,079/mo rent with $98/mo cash flow after a $1,615/mo payment. Total monthly income equals $2,079/mo, and annual cash flow comes to $1,179/yr on $109,395 invested. Return on cash invested is 20.99% in year one, and rental yield stands at 7.56% on a $330,000 basis. Equity gained on principal adds $2,129/yr, and 5% annual appreciation accumulates to $91,173 by year five. Five-year ROI measures 108.41% and total cumulative return in cash reaches $118,595. For financing, Ziffy Mortgage’s DSCR program evaluates $2,079/mo property income against a $1,615/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1976
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,651 (100%) |
| Owner Occupied HU | 10,173 (49.3%) |
| Renter Occupied HU | 8,522 (41.3%) |
| Vacant Housing Units | 1,956 ( 9.5%) |
| Median Home Value | $366,019 |
| Average Home Value | $425,030 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
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Listed by: Heather VanNess • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls ID: #202548140