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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 9018 S Pointe Ridge Ln #10, Bloomington, IN, 47401 generates $1,531/mo in rent and, after a $978/mo payment, leaves $331/mo in cash flow. Total monthly income is $1,531/mo, and annual cash flow is $3,977/yr on $66,267 invested. Return on cash invested sits at 25.91% in year one, and rental yield is 9.19% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 134.82% and total cumulative return in cash sums $89,341. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,531/mo property income rather than buyer’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
| 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 |
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Rebekah Sims • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls ID: #202544873
