








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 1203 W 6th St, Bloomington, IN, 47404 generates $1,999/mo in rent, after a $1,831/mo payment. Total monthly income is $1,999/mo. Return on cash invested sits at 17.52% in year one, and rental yield is 6.41% on a $374,000 entry. Equity gained on principal adds $2,413/yr, while 5% annual appreciation builds toward $103,329 over five years. Five-year ROI reaches 89.81% and total cumulative return in cash sums $111,349. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,999/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47404, Bloomington, IN area.
| 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 |
Residential
12,027
Single Family
10,201
Multi-Family
1,826
Businesses
1,249
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $374,000 |
| 2015-01-09 | Sold | $205,000 |
| 2013-12-16 | Listing removed | $219,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $2299.40 | 4.74% | $292,800 | 6.32% |
| 2023-05-30 | $2195.24 | 7.50% | $275,400 | 7.96% |
| 2022-05-30 | $2042.00 | 14.03% | $255,100 | 6.51% |



Listed by: Becky Wann • Becky Wann Real Estate Services
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520030
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.