1305 S Fell AveNormalIL61761
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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 Normal at 1305 S Fell Ave, Normal, IL, 61761 offers a 10.9% rental yield on a $310,000 purchase with $2,816/mo rent. Total monthly income registers $2,816/mo, and a $1,517/mo payment leaves $666/mo available for distribution. Annual cash flow reaches $7,993/yr on $102,765 to close, and return on cash invested stands at 27.69% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 145.57% and total cumulative return in cash at $149,599. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,816/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1926
7,500 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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