








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 708 W 12th St, Bloomington, IN, 47404 generates $1,430/mo in rent, after a $1,508/mo payment. Total monthly income is $1,430/mo. Return on cash invested sits at 14.98% in year one, and rental yield is 5.57% on a $308,000 entry. Equity gained on principal adds $1,987/yr, while 5% annual appreciation builds toward $85,095 over five years. Five-year ROI reaches 76.17% and total cumulative return in cash sums $77,776. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,430/mo property income rather than buyer’s personal income.
Single Family
Built in 1901
0.38 Acres 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 |
|---|---|---|
| 2024-12-12 | Sold | $308,000 |
| 2024-10-03 | Listed for sale | $314,900 |
| 2023-11-27 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $1283.52 | 20.27% | $64,800 | 7.11% |
| 2023-10-22 | $1067.24 | 43.50% | $60,500 | 15.02% |
| 2022-10-22 | $743.72 | 14.05% | $52,600 | 46.93% |



Listed by: Deborah Tomaro • Deb Tomaro Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438408
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.