








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 5574 W Tensleep Rd, Bloomington, IN, 47403 priced at $399,900 pairs $2,601/mo rent with $191/mo cash flow after a $1,957/mo payment. Total monthly income equals $2,601/mo, and annual cash flow comes to $2,289/yr on $132,567 invested. Return on cash invested is 21.64% in year one, and rental yield stands at 7.8% on a $399,900 basis. Equity gained on principal adds $2,580/yr, and 5% annual appreciation accumulates to $110,485 by year five. Five-year ROI measures 111.89% and total cumulative return in cash reaches $148,328. For financing, Ziffy Mortgage’s DSCR program evaluates $2,601/mo property income against a $1,957/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.37 Acres lot
$N/A/sqft
$120 annually 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 |
|---|---|---|
| 2025-04-25 | Listed for sale | $399,900 |
| 2025-04-24 | Listing removed | $399,900 |
| 2025-03-06 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-28 | $2671.94 | 10.36% | $308,100 | -10.95% |
| 2023-04-28 | $2421.14 | 7.03% | $346,000 | 12.08% |
| 2022-04-28 | $2262.20 | 35.08% | $308,700 | 6.85% |



Listed by: Heather Neidigh-Groves • Sterling Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514632
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.