9322 S Lake Ridge Dr #59BloomingtonIN47401
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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 9322 S Lake Ridge Dr #59, Bloomington, IN, 47401 earns $411/mo cash flow from $2,083/mo rent with a $1,145/mo payment. Total monthly income totals $2,083/mo, and annual cash flow totals $4,936/yr on $77,571 capital. ROI tracks 26.27% on current figures, and rental yield reads 10.68% at a $234,000 purchase. Equity gained on principal adds $1,510/yr, and 5% annual appreciation supports $64,650 over five years. Five-year ROI reaches 138.24% and total cumulative return in cash sums $107,235. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,083/mo property income instead of your personal income.
Townhouse
Built in 1979
N/A lot
$N/A/sqft
$802 quarterly HOA
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 |
Housing Distribution
Address Breakdown
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
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Listed by: Susan Slaven • Susan Slaven Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512139
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.