








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 906 E Commons Dr, Bloomington, IN, 47401 priced at $220,000 pairs $1,873/mo rent with $387/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,873/mo, and annual cash flow comes to $4,646/yr on $72,930 invested. Return on cash invested is 26.28% in year one, and rental yield stands at 10.22% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 137.8% and total cumulative return in cash reaches $100,499. For financing, Ziffy Mortgage’s DSCR program evaluates $1,873/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1974
0.40 Acres lot
$N/A/sqft
$165 monthly HOA
Neighborhood data shown for ZIP Code: 47401, Bloomington, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,651 (100%) |
| Owner Occupied HU | 10,173 (49.3%) |
| Renter Occupied HU | 8,522 (41.3%) |
| Vacant Housing Units | 1,956 ( 9.5%) |
| Median Home Value | $366,019 |
| Average Home Value | $425,030 |
Residential
20,256
Single Family
16,493
Multi-Family
3,763
Businesses
911
Date | Event | Price |
|---|---|---|
| 2024-11-01 | Sold | $220,000 |
| 2024-09-26 | Listed for sale | $219,500 |
| 2016-04-19 | Sold | $113,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $574.98 | 2.00% | $199,100 | 0.76% |
| 2023-10-22 | $563.72 | 2.00% | $197,600 | 16.65% |
| 2022-10-22 | $552.66 | 2.00% | $169,400 | 13.46% |



Listed by: Tammy Druckemiller • RE/MAX Realty Professionals
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437242
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.