141 Pump Station RdMakandaIL62958
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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
Rental property for sale in Makanda at 141 Pump Station Rd, Makanda, IL, 62958 priced at $422,500 converts $3,433/mo rent into $502/mo cash flow after a $2,068/mo obligation. Total monthly income equals $3,433/mo, and annual cash flow totals $6,029/yr on $140,059 invested. Return on cash invested prints 24.21% in year one, and rental yield reads 9.75% against a $422,500 entry. Equity gained on principal adds $2,726/yr, while 5% annual appreciation compiles into $116,729 by year five. Five-year ROI reaches 126.92% and total cumulative return in cash sums $177,756. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,433/mo property income covering a $2,068/mo payment, not borrower’s personal income.
Single Family
Built in 2006
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62958, Makanda, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,058 (100%) |
| Owner Occupied HU | 754 (71.3%) |
| Renter Occupied HU | 172 (16.3%) |
| Vacant Housing Units | 132 (12.5%) |
| Median Home Value | $195,833 |
| Average Home Value | $244,290 |
Housing Distribution
Address Breakdown
Residential
1,010
Single Family
1,010
Multi-Family
0
Businesses
47
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