








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 1293 W Popcorn Rd, Bloomington, IN, 47403 listed at $264,000 pairs $2,150/mo rent with a $1,292/mo payment to leave $565/mo cash flow. Total monthly income runs $2,150/mo, and annual cash flow reaches $6,785/yr on $87,516 cash to close. Return on cash invested measures 27.66% in year one, and rental yield registers 9.77% at a $264,000 basis. Equity gained on principal adds $1,704/yr, and annual property appreciation at 5% supports $72,938 by year five. Five-year ROI tracks 144.19% and total cumulative return in cash totals $126,193. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,150/mo property income relative to a $1,292/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47403, Bloomington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,220 (100%) |
| Owner Occupied HU | 8,232 (50.8%) |
| Renter Occupied HU | 6,740 (41.6%) |
| Vacant Housing Units | 1,248 ( 7.7%) |
| Median Home Value | $274,404 |
| Average Home Value | $300,479 |
Residential
15,959
Single Family
14,167
Multi-Family
1,792
Businesses
591
Date | Event | Price |
|---|---|---|
| 2025-07-01 | Sold | $264,000 |
| 2025-05-20 | Listed for sale | $264,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $170.40 | 1.99% | $141,300 | -3.02% |
| 2023-11-02 | $167.08 | 2.00% | $145,700 | 17.50% |
| 2022-11-02 | $163.80 | 2.01% | $124,000 | 16.43% |



Listed by: Michelle Stanger • Stanger Homes, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518572
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.