1007 S Main StBentonIL62812
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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 Benton at 1007 S Main St, Benton, IL, 62812 uses $42,764 cash to close to unlock $37,879/yr annual cash flow and $3,157/mo monthly cash flow. Total monthly income runs $4,051/mo, and a $631/mo payment keeps the spread at $3,157/mo. Purchase price stands at $129,000, and rental yield measures 37.68% with $4,051/mo rent. Return on cash invested shows 108.49% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 578.88% and total cumulative return in cash records $247,549. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,051/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1910
0.28 Acres 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: David G Mccollum • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB452024
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.