114 E State Route 116BensonIL61516
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
Investment property for sale in Benson at 114 E State Route 116, Benson, IL, 61516 earns $615/mo cash flow from $1,661/mo rent with a $736/mo payment. Total monthly income totals $1,661/mo, and annual cash flow totals $7,375/yr on $49,858 capital. ROI tracks 34.7% on current figures, and rental yield reads 13.25% at a $150,400 purchase. Equity gained on principal adds $971/yr, and 5% annual appreciation supports $41,553 over five years. Five-year ROI reaches 183.21% and total cumulative return in cash sums $91,344. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,661/mo property income instead of your personal income.
Single Family
Built in 1952
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61516, Benson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 313 (100%) |
| Owner Occupied HU | 250 (79.9%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 25 ( 8.0%) |
| Median Home Value | $145,313 |
| Average Home Value | $173,410 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices