990 N Hartstrait RdBloomingtonIN47404
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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 990 N Hartstrait Rd, Bloomington, IN, 47404 offers a 18.05% rental yield on a $105,700 purchase with $1,590/mo rent. Total monthly income registers $1,590/mo, and a $517/mo payment leaves $956/mo available for distribution. Annual cash flow reaches $11,470/yr on $35,040 to close, and return on cash invested stands at 52.64% in year one. Equity gained on principal adds $682/yr while 5% annual appreciation supports $29,203 over five years. Portfolio math shows five-year ROI at 278.17% and total cumulative return in cash at $97,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,590/mo property income against a $517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1969
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 11,508 (100%) |
| Owner Occupied HU | 5,797 (50.4%) |
| Renter Occupied HU | 4,856 (42.2%) |
| Vacant Housing Units | 855 ( 7.4%) |
| Median Home Value | $291,166 |
| Average Home Value | $319,856 |
Housing Distribution
Address Breakdown
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
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