404 Watford 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
Rental property for sale in Bloomington at 404 Watford Dr, Bloomington, IL, 61704 priced at $409,900 pairs $3,162/mo rent with $245/mo cash flow after a $2,006/mo payment. Total monthly income equals $3,162/mo, and annual cash flow comes to $2,940/yr on $135,882 invested. Return on cash invested is 22.07% in year one, and rental yield stands at 9.26% on a $409,900 basis. Equity gained on principal adds $2,645/yr, and 5% annual appreciation accumulates to $113,248 by year five. Five-year ROI measures 115.65% and total cumulative return in cash reaches $157,144. For financing, Ziffy Mortgage’s DSCR program evaluates $3,162/mo property income against a $2,006/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1995
0.29 Acres lot
$N/A/sqft
No 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: N/A • N/A
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