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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 Bloomington at 8874 S Gore Rd, Bloomington, IN, 47403 priced at $469,000 converts $2,615/mo rent into after a $2,296/mo obligation. Total monthly income equals $2,615/mo. Return on cash invested prints 18.36% in year one, and rental yield reads 6.69% against a $469,000 entry. Equity gained on principal adds $3,026/yr, while 5% annual appreciation compiles into $129,576 by year five. Five-year ROI reaches 94.31% and total cumulative return in cash sums $146,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,615/mo property income covering a $2,296/mo payment, not borrower’s personal income.
Single Family
Built in 1997
5 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
| 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 |
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $469,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-06 | $2029.88 | 34.50% | $274,500 | 4.25% |
| 2023-04-06 | $1509.20 | 9.85% | $263,300 | 28.69% |
| 2022-04-06 | $1373.88 | -3.70% | $204,600 | 8.71% |
What's Special
Walk-up
Listed by: Brenda Ratliff • Williams Carpenter Realtors
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511212
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.
