








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 2050 E Waters Edge Dr #21, Bloomington, IN, 47401 listed at $254,900 pairs $1,309/mo rent with a $1,248/mo payment. Total monthly income runs $1,309/mo. Return on cash invested measures 16.76% in year one, and rental yield registers 6.16% at a $254,900 basis. Equity gained on principal adds $1,645/yr, and annual property appreciation at 5% supports $70,424 by year five. Five-year ROI tracks 85.75% and total cumulative return in cash totals $72,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,309/mo property income relative to a $1,248/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
N/A lot
$N/A/sqft
No 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Melissa Emily • FC Tucker/Bloomington REALTORS
Mls Name: IRMLS
Mls ID: #202536152