200 W Summit 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 200 W Summit Ave, Normal, IL, 61761 with 5% annual appreciation on a $159,900 basis while $1,259/mo rent supports operations. Total monthly income totals $1,259/mo and a $783/mo payment preserves $150/mo for cash returns. Annual cash flow comes to $1,794/yr on $53,007 deployed, and return on cash invested reaches 23.29% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,177 alongside rental yield of 9.45%. Five-year ROI measures 122.03% and total cumulative return in cash totals $64,686.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,259/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
9,676 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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