1014 Laesch AveBloomingtonIL61704
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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
Investment property for sale in Bloomington at 1014 Laesch Ave, Bloomington, IL, 61704 listed at $219,000 pairs $1,520/mo rent with a $1,072/mo payment to leave $1/mo cash flow. Total monthly income runs $1,520/mo, and annual cash flow reaches $10/yr on $72,599 cash to close. Return on cash invested measures 19.92% in year one, and rental yield registers 8.33% at a $219,000 basis. Equity gained on principal adds $1,413/yr, and annual property appreciation at 5% supports $60,506 by year five. Five-year ROI tracks 103.88% and total cumulative return in cash totals $75,417. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,520/mo property income relative to a $1,072/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61704, Bloomington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,592 (100%) |
| Owner Occupied HU | 10,756 (64.8%) |
| Renter Occupied HU | 4,798 (28.9%) |
| Vacant Housing Units | 1,038 ( 6.3%) |
| Median Home Value | $250,044 |
| Average Home Value | $280,100 |
Housing Distribution
Address Breakdown
Residential
16,334
Single Family
14,445
Multi-Family
1,889
Businesses
1,058
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Listed by: Keith Troutman, GRI • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12454206