1129-1650 East AveVandaliaIL62471
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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 Vandalia at 1129-1650 East Ave, Vandalia, IL, 62471 uses $46,377 cash to close to unlock $1,276/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,077/mo, and a $685/mo payment keeps the spread at $106/mo. Purchase price stands at $139,900, and rental yield measures 9.24% with $1,077/mo rent. Return on cash invested shows 22.66% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 118.67% and total cumulative return in cash records $55,035. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,077/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62471, Vandalia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,399 (62.8%) |
| Renter Occupied HU | 936 (24.5%) |
| Vacant Housing Units | 483 (12.7%) |
| Median Home Value | $124,807 |
| Average Home Value | $172,931 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,566
Multi-Family
40
Businesses
406
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Listed by: Bert Griffin • Coldwell Banker Allen & Geary
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456134
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.