








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 308 S Davisson St, Bloomington, IN, 47403 priced at $260,000 pairs $2,063/mo rent with $382/mo cash flow after a $1,273/mo payment. Total monthly income equals $2,063/mo, and annual cash flow comes to $4,582/yr on $86,190 invested. Return on cash invested is 25.22% in year one, and rental yield stands at 9.52% on a $260,000 basis. Equity gained on principal adds $1,678/yr, and 5% annual appreciation accumulates to $71,833 by year five. Five-year ROI measures 131.7% and total cumulative return in cash reaches $113,513. For financing, Ziffy Mortgage’s DSCR program evaluates $2,063/mo property income against a $1,273/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1925
8,276 sqft 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 |
|---|---|---|
| 2024-11-18 | Sold | $260,000 |
| 2024-09-26 | Listed for sale | $264,900 |
| 2022-05-19 | Sold | $210,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $3597.36 | 20.62% | $231,400 | 36.12% |
| 2023-10-22 | $2982.38 | 11.02% | $170,000 | 13.11% |
| 2022-10-22 | $2686.36 | -1.16% | $150,300 | 15.97% |



Listed by: Chris D Smith • RE/MAX Acclaimed Properties
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437317
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.