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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% |
Rental property for sale in Bloomington at 9469 S Pointe Lasalles Dr, Bloomington, IN, 47401 generates $2,016/mo in rent and, after a $905/mo payment, leaves $713/mo in cash flow. Total monthly income is $2,016/mo, and annual cash flow is $8,556/yr on $61,328 invested. Return on cash invested sits at 33.86% in year one, and rental yield is 13.08% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 178.77% and total cumulative return in cash sums $109,635. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,016/mo property income rather than buyer’s personal income.
Condo
Built in 2019
N/A lot
$N/A/sqft
$579 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 |
|---|---|---|
| 2025-04-01 | Sold | $185,000 |
| 2025-01-14 | Listed for sale | $185,000 |
| 2024-12-16 | Listing removed | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1010.30 | -57.38% | $146,300 | -9.13% |
| 2023-10-22 | $2370.72 | 21.32% | $161,000 | 0.63% |
| 2022-10-22 | $1954.04 | 99.35% | $160,000 | 23.08% |
Listed by: Micah Heath • Keller Williams - Indy Metro South LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437135
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.
