








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 2602 S Addisyn Ln, Bloomington, IN, 47403 earns $182/mo cash flow from $2,002/mo rent with a $1,361/mo payment. Total monthly income totals $2,002/mo, and annual cash flow totals $2,188/yr on $92,157 capital. ROI tracks 22.28% on current figures, and rental yield reads 8.64% at a $278,000 purchase. Equity gained on principal adds $1,794/yr, and 5% annual appreciation supports $76,806 over five years. Five-year ROI reaches 116.08% and total cumulative return in cash sums $106,973. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,002/mo property income instead of your personal income.
Condo
Built in 2007
N/A lot
$N/A/sqft
$405 quarterly 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 |
|---|---|---|
| 2025-09-24 | Listed for sale | $278,000 |
| 2022-06-03 | Sold | $260,000 |
| 2022-05-01 | Listed for sale | $259,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-27 | $2492.30 | 11.07% | $249,700 | -0.08% |
| 2023-10-27 | $2243.98 | -41.73% | $249,900 | 10.82% |
| 2022-10-27 | $3851.26 | 6.41% | $225,500 | 19.44% |



Listed by: Pilar Taylor • The Indiana Team LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538589
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.