16324 E Cherokee Rd, Cuba, IL, 61427 | 6.5% Rental Yield

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,409/mo, and a $1,273/mo payment. Purchase price stands at $260,000, and rental yield measures 6.5% with $1,409/mo rent. Return on cash invested shows 14.41% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 74.38% and total cumulative return in cash records $64,109. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,409/mo property income covering a $1,273/mo payment rather than investor’s personal income.

Single Family

Built in 1965

2.89 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 61427, Cuba, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,037 (100%)
Owner Occupied HU	763 (73.6%)
Renter Occupied HU	145 (14.0%)
Vacant Housing Units	129 (12.4%)
Median Home Value	$118,750
Average Home Value	$167,513