918 N Harv Wright Rd, Bloomfield, IN, 47424 | 4.58% Rental Yield

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918 N Harv Wright Rd, Bloomfield, IN, 47424 | 4.58% Rental Yield | 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 Bloomfield at 918 N Harv Wright Rd, Bloomfield, IN, 47424 listed at $539,900 pairs $2,062/mo rent with a $2,643/mo payment. Total monthly income runs $2,062/mo. Return on cash invested measures 12.09% in year one, and rental yield registers 4.58% at a $539,900 basis. Equity gained on principal adds $3,484/yr, and annual property appreciation at 5% supports $149,164 by year five. Five-year ROI tracks 60.65% and total cumulative return in cash totals $107,731. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,062/mo property income relative to a $2,643/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1981

8 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming country home on EIGHT ACRES with over 3100 sq.ft. of living space with 3 bedrooms & 2 full baths. Home surrounded by shady mature trees. Sunny great room with cathedral metal ceiling w/exposed beams. Brick gas fireplace w/timber surround. Walk out basement to the back patio overlooking the countryside. Den area with entertainment bar with sink, drink refrigerator & twin cigar humidors. Library area with built-in bookshelves leading to a bonus room. Centrally located wood burner on lower level. Spiral staircase leading to upper level adds character & warmth to the home while viewing the great room. Kitchen has custom cabinets, granite countertops, newer SS appliances & gas stove w/ceiling mounted range hood. Kitchen opens to the breakfast nook area and den leading to deck balcony. Perfect for morning coffee and sunrises. Primary bedroom suite with sliding barn doors for window coverings & gas wall fireplace. HUGE walk-in closet. Master bath floor radiant heating. Laundry area located conveniently outside primary bedroom. Two large bedrooms & full bath on main level. Bathroom has been updated w/two vessel sinks, flooring, shiplap, & barn door. Three gas fireplaces thru-out the home. Side deck w/pergola, koi pond, & beautifully landscaped yard. Tons of perennials plants. Programable smart light switches, video doorbells, & digital dead bolt keypad. Two car detached garage w/coal pellet stove. Fenced area w/goat barn, chicken coop & dog house. Garden area has water faucet. New septic. Close to Crane & Bloomington on paved road. Home qualifies for FHA/VA.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47424, Bloomfield, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,166 (100%)
Owner Occupied HU	3,022 (72.5%)
Renter Occupied HU	683 (16.4%)
Vacant Housing Units	461 (11.1%)
Median Home Value	$195,513
Average Home Value	$228,684