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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% |
Investment property for sale in Bloomington at 9115 S Pointe Ridge Ln, Bloomington, IN, 47401 uses $58,013 cash to close to unlock $1,356/yr annual cash flow and $113/mo monthly cash flow. Total monthly income runs $1,382/mo, and a $857/mo payment keeps the spread at $113/mo. Purchase price stands at $175,000, and rental yield measures 9.48% with $1,382/mo rent. Return on cash invested shows 22.25% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 116.84% and total cumulative return in cash records $67,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,382/mo property income covering a $857/mo payment rather than investor’s personal income.
Single Family
Built in 1978
7,405 sqft lot
$N/A/sqft
$654 quarterly 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 |
|---|---|---|
| 2025-04-09 | Listed for sale | $175,000 |
| 2005-08-01 | Sold | $56,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-10 | $788.56 | 20.52% | $147,100 | 8.00% |
| 2023-04-10 | $654.32 | -54.18% | $136,200 | 18.43% |
| 2022-04-10 | $1427.94 | 20.42% | $115,000 | 21.05% |
Listed by: Jason Millican • Jason Millican Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511881
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.
