1304 Bell StBloomingtonIL61701
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1304 Bell St, Bloomington, IL, 61701 earns $164/mo cash flow from $1,309/mo rent with a $808/mo payment. Total monthly income totals $1,309/mo, and annual cash flow totals $1,969/yr on $54,698 capital. ROI tracks 23.51% on current figures, and rental yield reads 9.52% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 123.21% and total cumulative return in cash sums $67,391. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,309/mo property income instead of your personal income.
Single Family
Built in 1955
3,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61701, Bloomington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,083 (100%) |
| Owner Occupied HU | 8,783 (48.6%) |
| Renter Occupied HU | 7,539 (41.7%) |
| Vacant Housing Units | 1,761 ( 9.7%) |
| Median Home Value | $155,866 |
| Average Home Value | $191,606 |
Housing Distribution
Address Breakdown
Residential
16,427
Single Family
13,206
Multi-Family
3,221
Businesses
1,378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jodi McDermott • RE/MAX Rising
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12418478