2211 Benjamin LnBloomingtonIL61701
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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 2211 Benjamin Ln, Bloomington, IL, 61701 offers a 10.36% rental yield on a $215,000 purchase with $1,856/mo rent. Total monthly income registers $1,856/mo, and a $1,052/mo payment leaves $365/mo available for distribution. Annual cash flow reaches $4,380/yr on $71,273 to close, and return on cash invested stands at 26.06% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 136.85% and total cumulative return in cash at $97,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,856/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1962
N/A 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: Sherri Masters • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12553579