2105 E Mill Stone RdDecaturIL62526
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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 Decatur at 2105 E Mill Stone Rd, Decatur, IL, 62526 listed at $130,000 pairs $2,238/mo rent with a $636/mo payment to leave $1,337/mo cash flow. Total monthly income runs $2,238/mo, and annual cash flow reaches $16,039/yr on $43,095 cash to close. Return on cash invested measures 57.13% in year one, and rental yield registers 20.66% at a $130,000 basis. Equity gained on principal adds $839/yr, and annual property appreciation at 5% supports $35,917 by year five. Five-year ROI tracks 303.41% and total cumulative return in cash totals $130,755. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,238/mo property income relative to a $636/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1983
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62526, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 8,507 (53.0%) |
| Renter Occupied HU | 5,728 (35.7%) |
| Vacant Housing Units | 1,816 (11.3%) |
| Median Home Value | $95,635 |
| Average Home Value | $124,329 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
12,539
Multi-Family
2,412
Businesses
1,015
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