100 S Clark Ave SEClay CityIL62824
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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
Investment property for sale in Clay City at 100 S Clark Ave SE, Clay City, IL, 62824 uses $49,394 cash to close to unlock $4,581/yr annual cash flow and $382/mo monthly cash flow. Total monthly income runs $1,415/mo, and a $729/mo payment keeps the spread at $382/mo. Purchase price stands at $149,000, and rental yield measures 11.4% with $1,415/mo rent. Return on cash invested shows 29.18% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 153.6% and total cumulative return in cash records $75,868. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,415/mo property income covering a $729/mo payment rather than investor’s personal income.
Manufactured
Built in 1996
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62824, Clay City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 615 (73.8%) |
| Renter Occupied HU | 110 (13.2%) |
| Vacant Housing Units | 108 (13.0%) |
| Median Home Value | $165,046 |
| Average Home Value | $241,549 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
55
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