221 Meadowbrook 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
Investment property for sale in Bloomington at 221 Meadowbrook Dr, Bloomington, IL, 61701 listed at $197,700 pairs $1,940/mo rent with a $968/mo payment to leave $568/mo cash flow. Total monthly income runs $1,940/mo, and annual cash flow reaches $6,820/yr on $65,538 cash to close. Return on cash invested measures 30.32% in year one, and rental yield registers 11.78% at a $197,700 basis. Equity gained on principal adds $1,276/yr, and annual property appreciation at 5% supports $54,621 by year five. Five-year ROI tracks 159.67% and total cumulative return in cash totals $104,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,940/mo property income relative to a $968/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1956
7,779 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: Kimberly Bliss • Coldwell Banker Real Estate Group
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12546518