5 Tyne Ct APT 2BloomingtonIL61704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5 Tyne Ct APT 2, Bloomington, IL, 61704 at $239,000 posts ROI 20.67% with $50/mo cash flow from $1,708/mo rent. Total monthly income equals $1,708/mo, and annual cash flow records $600/yr on $79,229 to close. Return on cash invested measures 20.67% and rental yield reads 8.58% at the current $239,000. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 by year five. Five-year ROI prints 107.96% and total cumulative return in cash totals $85,536.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,708/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1986
0.49 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: Diana Burnett • Brinkoetter REALTORS
Mls Name: CIBR
Mls Provider:
Mls ID: #6245669
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.