1224 Commanche RdAuburnIL62615
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 Auburn at 1224 Commanche Rd, Auburn, IL, 62615 uses $76,245 cash to close to unlock $293/yr annual cash flow and $24/mo monthly cash flow. Total monthly income runs $1,620/mo, and a $1,126/mo payment keeps the spread at $24/mo. Purchase price stands at $230,000, and rental yield measures 8.45% with $1,620/mo rent. Return on cash invested shows 20.29% in year one, and 5% annual appreciation builds toward $63,545 over five years. Five-year ROI reaches 105.91% and total cumulative return in cash records $80,755. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,620/mo property income covering a $1,126/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62615, Auburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,238 (100%) |
| Owner Occupied HU | 1,641 (73.3%) |
| Renter Occupied HU | 439 (19.6%) |
| Vacant Housing Units | 158 ( 7.1%) |
| Median Home Value | $227,596 |
| Average Home Value | $261,645 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,081
Multi-Family
40
Businesses
128
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices