104 E Stahl StElkhartIL62634
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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 Elkhart at 104 E Stahl St, Elkhart, IL, 62634 with 5% annual appreciation on a $149,900 basis while $1,668/mo rent supports operations. Total monthly income totals $1,668/mo and a $734/mo payment preserves $628/mo for cash returns. Annual cash flow comes to $7,535/yr on $49,692 deployed, and return on cash invested reaches 35.07% in year one. Equity gained on principal adds $967/yr, and five-year appreciation sums $41,415 alongside rental yield of 13.35%. Five-year ROI measures 185.12% and total cumulative return in cash totals $91,991.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,668/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1972
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62634, Elkhart, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 331 (78.4%) |
| Renter Occupied HU | 54 (12.8%) |
| Vacant Housing Units | 37 ( 8.8%) |
| Median Home Value | $144,063 |
| Average Home Value | $202,560 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
295
Multi-Family
0
Businesses
24
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