109 S Evergreen LnBloomingtonIL61704
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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 109 S Evergreen Ln, Bloomington, IL, 61704 with 5% annual appreciation on a $215,000 basis while $2,055/mo rent supports operations. Total monthly income totals $2,055/mo and a $1,052/mo payment preserves $564/mo for cash returns. Annual cash flow comes to $6,768/yr on $71,273 deployed, and return on cash invested reaches 29.41% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 11.47%. Five-year ROI measures 154.8% and total cumulative return in cash totals $110,329.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,055/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
7,840 sqft 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: Jared Litwiller • Freedom Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12493474