1040 Ekstam Dr APT 205BloomingtonIL61704
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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 1040 Ekstam Dr APT 205, Bloomington, IL, 61704 offers a 12.13% rental yield on a $142,500 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $697/mo payment leaves $453/mo available for distribution. Annual cash flow reaches $5,437/yr on $47,239 to close, and return on cash invested stands at 31.42% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 165.66% and total cumulative return in cash at $78,255. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2002
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: Greg Girdler, GRI • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12500672