205 W 6th StBentonIL62812
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
Rental property for sale in Benton at 205 W 6th St, Benton, IL, 62812 priced at $132,500 pairs $1,025/mo rent with $105/mo cash flow after a $649/mo payment. Total monthly income equals $1,025/mo, and annual cash flow comes to $1,266/yr on $43,924 invested. Return on cash invested is 22.79% in year one, and rental yield stands at 9.28% on a $132,500 basis. Equity gained on principal adds $855/yr, and 5% annual appreciation accumulates to $36,607 by year five. Five-year ROI measures 119.32% and total cumulative return in cash reaches $52,412. For financing, Ziffy Mortgage’s DSCR program evaluates $1,025/mo property income against a $649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
7,228 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62812, Benton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 3,564 (62.6%) |
| Renter Occupied HU | 1,420 (24.9%) |
| Vacant Housing Units | 711 (12.5%) |
| Median Home Value | $106,016 |
| Average Home Value | $144,107 |
Housing Distribution
Address Breakdown
Residential
4,845
Single Family
4,648
Multi-Family
197
Businesses
456
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Listed by: Ashley N Fowler • Heavenly Homes Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457558
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.