1768 E Barrington AveDecaturIL62526
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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 1768 E Barrington Ave, Decatur, IL, 62526 offers a 9.09% rental yield on a $122,500 purchase with $928/mo rent. Total monthly income registers $928/mo, and a $600/mo payment leaves $78/mo available for distribution. Annual cash flow reaches $935/yr on $40,609 to close, and return on cash invested stands at 22.21% in year one. Equity gained on principal adds $790/yr while 5% annual appreciation supports $33,844 over five years. Portfolio math shows five-year ROI at 116.16% and total cumulative return in cash at $47,172. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $928/mo property income against a $600/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62526, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 8,507 (53.0%) |
| Renter Occupied HU | 5,728 (35.7%) |
| Vacant Housing Units | 1,816 (11.3%) |
| Median Home Value | $95,635 |
| Average Home Value | $124,329 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
12,539
Multi-Family
2,412
Businesses
1,015
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