907 N Jackson StBloomingtonIN47404
INVESTMENT ANALYSIS
Investment Verdict
Solid Income907 N Jackson St, Bloomington, IN, 47404 in Bloomington is a solid income-producing rental, 8.73% gross yield, $1,585/mo rent, $277/mo net cash flow on a $218,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $60,229 and $2,008/yr in principal reduction project a total cumulative return of $100,314.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.1% |
| Monthly Cash Flow | $277 | $420 |
City averages based on Bloomington market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,585 |
| Total Monthly Debt Service | $1,222 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1876
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1876
7,666 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bob Double • Valu-net Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202427508
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.