205 E Main StConcordIL62631
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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 Concord at 205 E Main St, Concord, IL, 62631 at $109,900 posts ROI 22.24% with $71/mo cash flow from $833/mo rent. Total monthly income equals $833/mo, and annual cash flow records $847/yr on $36,432 to close. Return on cash invested measures 22.24% and rental yield reads 9.1% at the current $109,900. Equity gained on principal adds $709/yr, and 5% annual appreciation supports $30,363 by year five. Five-year ROI prints 116.35% and total cumulative return in cash totals $42,388.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $833/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1915
10,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62631, Concord, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 119 (100%) |
| Owner Occupied HU | 102 (85.7%) |
| Renter Occupied HU | 15 (12.6%) |
| Vacant Housing Units | 2 ( 1.7%) |
| Median Home Value | $203,846 |
| Average Home Value | $248,824 |
Housing Distribution
Address Breakdown
Residential
69
Single Family
69
Multi-Family
0
Businesses
8
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