9094 W State Road 45BloomingtonIN47403
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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
Investment property for sale in Bloomington at 9094 W State Road 45, Bloomington, IN, 47403 uses $39,449 cash to close to unlock $2,413/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $915/mo, and a $582/mo payment keeps the spread at $201/mo. Purchase price stands at $119,000, and rental yield measures 9.23% with $915/mo rent. Return on cash invested shows 26.03% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 135.5% and total cumulative return in cash records $53,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $915/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1899
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
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Listed by: Linda Dzierba • Dzierba Real Estate Services
Mls Name: IRMLS
Mls Provider:
Mls ID: #202337705
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.