1313 Inglewood Cir #0BloomingtonIL61704
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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 1313 Inglewood Cir #0, Bloomington, IL, 61704 offers a 10.1% rental yield on a $239,500 purchase with $2,015/mo rent. Total monthly income registers $2,015/mo, and a $1,172/mo payment leaves $354/mo available for distribution. Annual cash flow reaches $4,248/yr on $79,394 to close, and return on cash invested stands at 25.26% in year one. Equity gained on principal adds $1,545/yr while 5% annual appreciation supports $66,169 over five years. Portfolio math shows five-year ROI at 132.59% and total cumulative return in cash at $105,265. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,015/mo property income against a $1,172/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2000
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: Melissa Dittbenner • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12530463