201 Kaskaskia StRumaIL62278
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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 Ruma at 201 Kaskaskia St, Ruma, IL, 62278 offers a 9.01% rental yield on a $117,500 purchase with $882/mo rent. Total monthly income registers $882/mo, and a $575/mo payment leaves $67/mo available for distribution. Annual cash flow reaches $805/yr on $38,951 to close, and return on cash invested stands at 21.98% in year one. Equity gained on principal adds $758/yr while 5% annual appreciation supports $32,463 over five years. Portfolio math shows five-year ROI at 115.04% and total cumulative return in cash at $44,810. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $882/mo property income against a $575/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1938
0.28 Acres 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
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Listed by: Brenda M Chandler • Property Peddler, Inc
Mls Name: MARIS
Mls Provider:
Mls ID: #25038097
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