1495 W Macon StDecaturIL62522
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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 Decatur at 1495 W Macon St, Decatur, IL, 62522 uses $37,128 cash to close to unlock $1,228/yr annual cash flow and $102/mo monthly cash flow. Total monthly income runs $879/mo, and a $548/mo payment keeps the spread at $102/mo. Purchase price stands at $112,000, and rental yield measures 9.42% with $879/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 121.7% and total cumulative return in cash records $45,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $879/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1945
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62522, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,679 (52.2%) |
| Renter Occupied HU | 2,241 (31.8%) |
| Vacant Housing Units | 1,126 (16.0%) |
| Median Home Value | $106,976 |
| Average Home Value | $138,303 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,195
Multi-Family
951
Businesses
235
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