Dan Kelly
- Buy
- Sell
https://www.ruhlmortgage.com/GregCotton.html
Description
A great investment starts with dependable income and fewer surprises, and this property delivers both. This well maintained 3 bedroom, 1 bath ranch is leased through January 2028 to long-term tenants, offering immediate cash flow and the stability investors value. Built in 2003, this turnkey rental has already seen the major capital improvements completed, helping keep future maintenance costs in check. The roof was replaced with a full tear-off in 2018, and a premium Lennox HVAC system was installed in 2024, allowing you to focus on growing your portfolio instead of tackling expensive repairs. Whether you're adding another door to your portfolio or purchasing your first investment property, this home offers the kind of reliability that makes ownership easier-steady tenants, updated mechanicals, and a low-maintenance design that's built to perform for years to come. Simply close, collect rent, and let this property continue working for you.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,105
Built in 2003
Elementary School: Sheridan Elementary
High School: Bloomington High School
Middle School: Bloomington Jr High School
General Information
Bedrooms: 3
Bathrooms: 1
Sqft: 1,105
County: McLean
High School: Bloomington High School
Subdivision: Not Applicable
Listed By:
RE/MAX Rising
309-340-1000
MRED MLS
MLS ID: 12672687
Room Information
Bedroom 2: 10X10
Bedroom 3: 10X10
Kitchen: 13X15
Laundry: 6X3
Living Room: 13X16
Primary Bedroom: 10X11
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1 Humanity Lane , Bloomington, IL 61701.
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563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $150,000 | $150,000 | $150,000 |
| Down Payment | $30,000 | $5,250 | $37,500 |
| Monthly Mortgage Amount | $739 | $907 | $927 |
| Taxes | $209 | $209 | $209 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $66 | $0 |
| Monthly Estimated Total | $1,048 | $1,282 | $1,236 |
Dan Kelly
REALTOR®
Cell: (563) 320-5473
Licensed in IL & IA
Davenport Office
4545 Welcome Way
Davenport, IA 52806
(563) 441-5100
Davenport, IA 52806
(563) 441-5100
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