1922 Ames RdRed BudIL62278
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Red Bud at 1922 Ames Rd, Red Bud, IL, 62278 earns $116/mo cash flow from $844/mo rent with a $514/mo payment. Total monthly income totals $844/mo, and annual cash flow totals $1,387/yr on $34,808 capital. ROI tracks 23.9% on current figures, and rental yield reads 9.65% at a $105,000 purchase. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 over five years. Five-year ROI reaches 125.29% and total cumulative return in cash sums $43,610. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $844/mo property income instead of your personal income.
Single Family
Built in 1888
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62278, Red Bud, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,213 (73.7%) |
| Renter Occupied HU | 542 (18.1%) |
| Vacant Housing Units | 246 ( 8.2%) |
| Median Home Value | $215,244 |
| Average Home Value | $242,262 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,719
Multi-Family
74
Businesses
247
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeb E Blasingame • Keller Williams Marquee
Mls Name: MARIS
Mls Provider:
Mls ID: #24053573
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#197)