1909 Marzel DrBloomingtonIL61701
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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 1909 Marzel Dr, Bloomington, IL, 61701 generates $1,880/mo in rent, after a $1,345/mo payment. Total monthly income is $1,880/mo. Return on cash invested sits at 19.57% in year one, and rental yield is 8.21% on a $274,800 entry. Equity gained on principal adds $1,773/yr, while 5% annual appreciation builds toward $75,922 over five years. Five-year ROI reaches 101.97% and total cumulative return in cash sums $92,888. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,880/mo property income rather than buyer’s personal income.
Single Family
Built in 1972
0.38 Acres 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: Kimberly Romine • RE/MAX Choice
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12496854