119 W 2nd StFloraIL62839
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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 Flora at 119 W 2nd St, Flora, IL, 62839 uses $49,394 cash to close to unlock $1,461/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,155/mo, and a $729/mo payment keeps the spread at $122/mo. Purchase price stands at $149,000, and rental yield measures 9.3% with $1,155/mo rent. Return on cash invested shows 22.87% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 119.68% and total cumulative return in cash records $59,116. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,155/mo property income covering a $729/mo payment rather than investor’s personal income.
Single Family
Built in 1958
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
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