1003 Fair Ave, Pana, IL, 62557 | 5.64% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Pana at 1003 Fair Ave, Pana, IL, 62557 generates $726/mo in rent, after a $756/mo payment. Total monthly income is $726/mo. Return on cash invested sits at 11.82% in year one, and rental yield is 5.64% on a $154,500 entry. Equity gained on principal adds $997/yr, while 5% annual appreciation builds toward $42,686 over five years. Five-year ROI reaches 60.45% and total cumulative return in cash sums $30,963. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $726/mo property income rather than buyer’s personal income.

Single Family

Built in 1950

7,405 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62557, Pana, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	3,527 (100%)
Owner Occupied HU	2,213 (62.7%)
Renter Occupied HU	743 (21.1%)
Vacant Housing Units	571 (16.2%)
Median Home Value	$114,822
Average Home Value	$143,717