1003 S University StNormalIL61761
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Normal at 1003 S University St, Normal, IL, 61761 generates $1,541/mo in rent and, after a $954/mo payment, leaves $189/mo in cash flow. Total monthly income is $1,541/mo, and annual cash flow is $2,266/yr on $64,643 invested. Return on cash invested sits at 23.42% in year one, and rental yield is 9.48% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 122.63% and total cumulative return in cash sums $79,270. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,541/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
9,456 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61761, Normal, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,515 (100%) |
| Owner Occupied HU | 11,570 (51.4%) |
| Renter Occupied HU | 9,063 (40.3%) |
| Vacant Housing Units | 1,882 ( 8.4%) |
| Median Home Value | $219,589 |
| Average Home Value | $253,433 |
Housing Distribution
Address Breakdown
Residential
20,029
Single Family
15,967
Multi-Family
4,062
Businesses
1,059
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