9126 S Pointe Ridge Ln #47, Bloomington, IN, 47401 | $318/mo Cash Flow

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Price: $300K - 500K

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9126 S Pointe Ridge Ln #47, Bloomington, IN, 47401 | $318/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Bloomington at 9126 S Pointe Ridge Ln #47, Bloomington, IN, 47401 uses $62,952 cash to close to unlock $3,810/yr annual cash flow and $318/mo monthly cash flow. Total monthly income runs $1,457/mo, and a $929/mo payment keeps the spread at $318/mo. Purchase price stands at $189,900, and rental yield measures 9.21% with $1,457/mo rent. Return on cash invested shows 25.96% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 135.08% and total cumulative return in cash records $85,037. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,457/mo property income covering a $929/mo payment rather than investor’s personal income.

Condo

Built in 1978

N/A lot

$N/A/sqft

No HOA

More details about the property

Nicely updated 3 bedroom plus loft with a great view of a wooded area and off season view of the cove on Lake Monroe. Recently added luxury vinyl plank flooring on main level living area. Newer cabinets in kitchen, new refrigerator, updated baths with a custom tiled walk-in tile shower downstairs in the primary bedroom. Extra space in the loft for a home office or additional sleeping area. Southern exposure, abundance of windows and lots of natural light. Enjoy the wooded view from the sun deck off the living area!

Neighborhood Data

Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.

Housing Distribution

Housing Statistics

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