541 W Grove StBloomingtonIL61701
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 541 W Grove St, Bloomington, IL, 61701 at $135,000 posts ROI 22.49% with $96/mo cash flow from $1,033/mo rent. Total monthly income equals $1,033/mo, and annual cash flow records $1,156/yr on $44,753 to close. Return on cash invested measures 22.49% and rental yield reads 9.18% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 117.74% and total cumulative return in cash totals $52,693.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,033/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
6,534 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jared Litwiller • Freedom Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12416474