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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 20+ datapoints.

Bloomington, IN Long-Term Rental Investment Snapshot

Based on 20+ long-term rental datapoints

Median Cap Rate

4.5%

Avg Cash on Cash

-8.9%

Median Cashflow

-$447/mo

Avg Rent Estimate

$2,363/mo

Avg Price

$418,291

Price Range

$221,800 - $770,000

Rent to Price

0.56%

low ratio

Positive Cashflow

12%

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 4.5%, 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 20+ analyzed properties, the median monthly cashflow in Bloomington, IN is -$447 with average rents of $2,363/month. Properties range from $221,800 to $770,000, offering entry points across multiple investment budgets.

4690 E State Road 45, Bloomington, IN 47408

Price

$364,900

Rent

$3,003

CachFlow

$86

CoC

1.35

Full Analysis

412 E Cardinal Glen Dr, Bloomington, IN 47401

Price

$288,800

Rent

$2,146

CachFlow

-$94

CoC

-1.86

Full Analysis

3620 N Armstrong Dr, Bloomington, IN 47404

Price

$473,500

Rent

$2,264

CachFlow

-$1,071

CoC

-12.93

Full Analysis

6770 E State Road 46, Bloomington, IN 47401

Price

$318,600

Rent

$3,294

CachFlow

$494

CoC

8.86

Full Analysis

3824 S Laura Way, Bloomington, IN 47401

Price

$411,800

Rent

$2,508

CachFlow

-$610

CoC

-8.46

Full Analysis
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Bloomington, IN Rental Market Insights

  • Median cashflow is -$447/month — careful deal selection is essential here
  • 4.5% median cap rate is typical of appreciation-focused markets
  • At 12% 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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