712 E Monroe 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 712 E Monroe St, Bloomington, IL, 61701 offers a 9.12% rental yield on a $140,000 purchase with $1,064/mo rent. Total monthly income registers $1,064/mo, and a $685/mo payment leaves $93/mo available for distribution. Annual cash flow reaches $1,118/yr on $46,410 to close, and return on cash invested stands at 22.32% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 116.84% and total cumulative return in cash at $54,226. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,064/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
N/A 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: Gregory Girdler • Central Illinois, REALTORSA
Mls Name: BHHS broker feed
Mls ID: #12491692