Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 9723 S Harbour Pointe Dr, Bloomington, IN, 47401 offers a 8.93% rental yield on a $265,000 purchase with $1,972/mo rent. Total monthly income registers $1,972/mo, and a $1,297/mo payment leaves $16/mo available for distribution. Annual cash flow reaches $192/yr on $87,848 to close, and return on cash invested stands at 20.13% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 105.55% and total cumulative return in cash at $92,727. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,972/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$1,096 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 |
|---|---|---|
| 2025-02-28 | Sold | $265,000 |
| 2025-01-16 | Listed for sale | $269,900 |
| 2024-09-30 | Listing removed | $275,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1421.56 | 13.62% | $223,600 | 8.02% |
| 2023-10-22 | $1251.12 | 19.68% | $207,000 | 15.00% |
| 2022-10-22 | $1045.36 | 5.07% | $180,000 | 12.50% |
Listed by: Todd Loucks • RE/MAX Connection
Mls Name: IRMLS
Mls Provider:
Mls ID: #202501410
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.
