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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Bloomfield at 874 N Corwin Rd, Bloomfield, IN, 47424 priced at $334,900 pairs $870/mo rent with after a $1,639/mo payment. Total monthly income equals $870/mo. Return on cash invested is 7.58% in year one, and rental yield stands at 3.12% on a $334,900 basis. Equity gained on principal adds $2,161/yr, and 5% annual appreciation accumulates to $92,527 by year five. Five-year ROI measures 36.5% and total cumulative return in cash reaches $40,525. For financing, Ziffy Mortgage’s DSCR program evaluates $870/mo property income against a $1,639/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1962
37.40 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,166 (100%) |
| Owner Occupied HU | 3,022 (72.5%) |
| Renter Occupied HU | 683 (16.4%) |
| Vacant Housing Units | 461 (11.1%) |
| Median Home Value | $195,513 |
| Average Home Value | $228,684 |
Residential
4,170
Single Family
4,007
Multi-Family
163
Businesses
299
Date | Event | Price |
|---|---|---|
| 2025-06-01 | Listed for sale | $334,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: AJ Bowlen • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520510
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.
