1405 S Center StBloomingtonIL61701
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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
Rental property for sale in Bloomington at 1405 S Center St, Bloomington, IL, 61701 generates $996/mo in rent and, after a $611/mo payment, leaves $130/mo in cash flow. Total monthly income is $996/mo, and annual cash flow is $1,560/yr on $41,404 invested. Return on cash invested sits at 23.68% in year one, and rental yield is 9.57% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 124.01% and total cumulative return in cash sums $51,346. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $996/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
5,643 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
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Listed by: Kathy O'Brien Boston, ABR,AHWD,GRI,PSA,SRS • Coldwell Banker Real Estate Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12439234