107 W 3rd StEl PasoIL61738
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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 El Paso at 107 W 3rd St, El Paso, IL, 61738 listed at $180,000 pairs $1,407/mo rent with a $881/mo payment to leave $159/mo cash flow. Total monthly income runs $1,407/mo, and annual cash flow reaches $1,902/yr on $59,670 cash to close. Return on cash invested measures 23.1% in year one, and rental yield registers 9.38% at a $180,000 basis. Equity gained on principal adds $1,162/yr, and annual property appreciation at 5% supports $49,731 by year five. Five-year ROI tracks 120.95% and total cumulative return in cash totals $72,173. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,407/mo property income relative to a $881/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1921
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61738, El Paso, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,261 (74.6%) |
| Renter Occupied HU | 328 (19.4%) |
| Vacant Housing Units | 101 ( 6.0%) |
| Median Home Value | $180,494 |
| Average Home Value | $224,138 |
Housing Distribution
Address Breakdown
Residential
1,685
Single Family
1,664
Multi-Family
21
Businesses
148
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Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1037045
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.