201 Miss Debra AveKincaidIL62540
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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 Kincaid at 201 Miss Debra Ave, Kincaid, IL, 62540 uses $39,747 cash to close to unlock $1,778/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $980/mo, and a $587/mo payment keeps the spread at $148/mo. Purchase price stands at $119,900, and rental yield measures 9.81% with $980/mo rent. Return on cash invested shows 24.38% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash records $50,856. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $980/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62540, Kincaid, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 694 (100%) |
| Owner Occupied HU | 479 (69.0%) |
| Renter Occupied HU | 140 (20.2%) |
| Vacant Housing Units | 75 (10.8%) |
| Median Home Value | $121,516 |
| Average Home Value | $149,796 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
35
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