2802 Steppe LnBloomingtonIL61705
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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 2802 Steppe Ln, Bloomington, IL, 61705 offers a 0% rental yield on a $389,900 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $2,516/yr while 5% annual appreciation supports $107,722 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,908/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
7,475 sqft lot
$N/A/sqft
No HOA
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Listed by: Tabitha Berg-Stephens • RE/MAX Rising
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12422947