106 S Depray StBlue MoundIL62513
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 Blue Mound at 106 S Depray St, Blue Mound, IL, 62513 priced at $115,000 converts $684/mo rent into after a $563/mo obligation. Total monthly income equals $684/mo. Return on cash invested prints 16.33% in year one, and rental yield reads 7.14% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. Five-year ROI reaches 84.73% and total cumulative return in cash sums $32,301. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $684/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62513, Blue Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 529 (72.3%) |
| Renter Occupied HU | 135 (18.4%) |
| Vacant Housing Units | 68 ( 9.3%) |
| Median Home Value | $122,955 |
| Average Home Value | $156,749 |
Housing Distribution
Address Breakdown
Residential
558
Single Family
558
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jason O'Laughlin • Brinkoetter REALTORS
Mls Name: CIBR
Mls ID: #6256029