105 W Clay StTroyIL62294
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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
Rental property for sale in Troy at 105 W Clay St, Troy, IL, 62294 priced at $270,000 converts $1,760/mo rent into after a $1,322/mo obligation. Total monthly income equals $1,760/mo. Return on cash invested prints 18.39% in year one, and rental yield reads 7.82% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 95.69% and total cumulative return in cash sums $85,645. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,760/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Single Family
Built in 1866
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62294, Troy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,266 (100%) |
| Owner Occupied HU | 4,801 (76.6%) |
| Renter Occupied HU | 1,178 (18.8%) |
| Vacant Housing Units | 287 ( 4.6%) |
| Median Home Value | $288,039 |
| Average Home Value | $330,237 |
Housing Distribution
Address Breakdown
Residential
6,258
Single Family
6,098
Multi-Family
160
Businesses
360
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