1001 Highland StBentonIL62812
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
Rental property for sale in Benton at 1001 Highland St, Benton, IL, 62812 priced at $124,900 pairs $1,850/mo rent with $984/mo cash flow after a $611/mo payment. Total monthly income equals $1,850/mo, and annual cash flow comes to $11,808/yr on $41,404 invested. Return on cash invested is 48.43% in year one, and rental yield stands at 17.77% on a $124,900 basis. Equity gained on principal adds $806/yr, and 5% annual appreciation accumulates to $34,508 by year five. Five-year ROI measures 256.75% and total cumulative return in cash reaches $106,306. For financing, Ziffy Mortgage’s DSCR program evaluates $1,850/mo property income against a $611/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62812, Benton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 3,564 (62.6%) |
| Renter Occupied HU | 1,420 (24.9%) |
| Vacant Housing Units | 711 (12.5%) |
| Median Home Value | $106,016 |
| Average Home Value | $144,107 |
Housing Distribution
Address Breakdown
Residential
4,845
Single Family
4,648
Multi-Family
197
Businesses
456
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Listed by: Lynette Ing • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454808
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.