3504 Wegeng DrBloomingtonIL61704
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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 3504 Wegeng Dr, Bloomington, IL, 61704 earns $254/mo cash flow from $2,093/mo rent with a $1,272/mo payment. Total monthly income totals $2,093/mo, and annual cash flow totals $3,044/yr on $86,157 capital. ROI tracks 23.44% on current figures, and rental yield reads 9.66% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Five-year ROI reaches 122.97% and total cumulative return in cash sums $105,946. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,093/mo property income instead of your personal income.
Single Family
Built in 1997
4,284 sqft lot
$N/A/sqft
$440 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61704, Bloomington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,592 (100%) |
| Owner Occupied HU | 10,756 (64.8%) |
| Renter Occupied HU | 4,798 (28.9%) |
| Vacant Housing Units | 1,038 ( 6.3%) |
| Median Home Value | $250,044 |
| Average Home Value | $280,100 |
Housing Distribution
Address Breakdown
Residential
16,334
Single Family
14,445
Multi-Family
1,889
Businesses
1,058
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Listed by: Mary Ann Ladendorf • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1258022
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.