High Rental Yield Investment Properties for Sale in Bloomington, IL
512- 2 Bed
- 2 Bath
- 1064 sft
4- 4 Bed
- 3 Bath
- 2288 sft
477- 3 Bed
- 3 Bath
- 2429 sft
118- 4 Bed
- 2 Bath
- 1371 sft
Why Invest in Bloomington, Illinois?
Bloomington, IL offers **high rental yield** opportunities for investors seeking strong cash flow in a stable Midwest market. Average rents around $966/month are 41% below the national average, paired with a tight 0.4 months housing inventory driving demand[1][3]. With 5.6% rent growth last year and low vacancy rates near 90-95% occupancy, properties generate solid returns[1][5]. Major employers like State Farm and Illinois State University ensure consistent renter demand from professionals and students. Appreciation benefits from Illinois' projected 5% median price rise in 2026[10].
Frequently Asked Questions
Tight inventory of 0.4 months and 5.6% rent growth create strong demand relative to affordable property prices. Major employers and the university ensure consistent occupancy. Investors benefit from cap rates around 7-9% in this stable market.
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