151 N Short StArgentaIL62501
Nearby investment properties with comparable rents
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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 Argenta at 151 N Short St, Argenta, IL, 62501 priced at $220,000 pairs $1,772/mo rent with $246/mo cash flow after a $1,077/mo payment. Total monthly income equals $1,772/mo, and annual cash flow comes to $2,950/yr on $72,930 invested. Return on cash invested is 23.95% in year one, and rental yield stands at 9.67% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 125.51% and total cumulative return in cash reaches $91,535. For financing, Ziffy Mortgage’s DSCR program evaluates $1,772/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1880
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62501, Argenta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 886 (82.0%) |
| Renter Occupied HU | 108 ( 10.0%) |
| Vacant Housing Units | 86 ( 8.0%) |
| Median Home Value | $190,726 |
| Average Home Value | $205,161 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
36
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