810 W Market StBloomingtonIL61701
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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 810 W Market St, Bloomington, IL, 61701 priced at $155,000 converts $1,600/mo rent into $525/mo cash flow after a $759/mo obligation. Total monthly income equals $1,600/mo, and annual cash flow totals $6,294/yr on $51,383 invested. Return on cash invested prints 32.16% in year one, and rental yield reads 12.39% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 169.56% and total cumulative return in cash sums $87,124. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,600/mo property income covering a $759/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
7,405 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
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Listed by: Jared Litwiller • Freedom Realty
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12450570