








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 1324 E Short St, Bloomington, IN, 47401 listed at $415,000 pairs $2,327/mo rent with a $2,031/mo payment. Total monthly income runs $2,327/mo. Return on cash invested measures 12.66% in year one, and rental yield registers 6.73% at a $415,000 basis. Equity gained on principal adds $2,678/yr, and annual property appreciation at 5% supports $114,657 by year five. Five-year ROI tracks 65.86% and total cumulative return in cash totals $90,609. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,327/mo property income relative to a $2,031/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2019
1,742 sqft lot
$N/A/sqft
$150 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 |
|---|---|---|
| 2025-03-25 | Sold | $415,000 |
| 2025-02-05 | Listed for sale | $430,500 |
| 2024-12-23 | Listing removed | $430,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-22 | $9647.30 | 18.65% | $405,100 | -11.14% |
| 2023-10-22 | $8131.20 | 206.08% | $455,900 | 13.52% |
| 2022-10-22 | $2656.60 | 214.63% | $401,600 | 58.48% |



Listed by: Kristi Gibbs • Century 21 Scheetz - Bloomington
Mls Name: IRMLS
Mls Provider:
Mls ID: #202503605
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.