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REI Lense

Bloomington, IN Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Bloomington, IN. Based on 10+ datapoints.

Bloomington, IN Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

3.8%

Avg Cash on Cash

-11.4%

Median Cashflow

-$678/mo

Avg Rent Estimate

$2,258/mo

Avg Price

$457,555

Price Range

$221,800 - $770,000

Rent to Price

0.49%

low ratio

Positive Cashflow

7%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Bloomington, IN

Bloomington, IN is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Bloomington, IN is -$678 with average rents of $2,258/month. Properties range from $221,800 to $770,000, offering entry points across multiple investment budgets.

1420 E Rhorer Rd, Bloomington, IN 47401

Price

$298,765

Rent

$1,770

CachFlow

-$921

CoC

-17.62

Full Analysis

8115 S Strain Ridge Rd, Bloomington, IN 47401

Price

$765,000

Rent

$2,710

CachFlow

-$2,339

CoC

-17.47

Full Analysis

3303 S McGowan Rd, Bloomington, IN 47401

Price

$770,000

Rent

$2,450

CachFlow

-$2,756

CoC

-20.45

Full Analysis

3814 E Tamarron Dr, Bloomington, IN 47408

Price

$359,000

Rent

$2,350

CachFlow

-$447

CoC

-7.12

Full Analysis

909 S Mitchell St, Bloomington, IN 47401

Price

$330,700

Rent

$2,310

CachFlow

-$508

CoC

-8.78

Full Analysis
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Bloomington, IN Rental Market Insights

  • Median cashflow is -$678/month — careful deal selection is essential here
  • 3.8% median cap rate is typical of appreciation-focused markets
  • At 7% positive cashflow rate, Bloomington, IN requires selective property picks
  • Mid-to-upper tier market with properties from $221,800 to $770,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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