2121 Barding AveDecaturIL62526
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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 2121 Barding Ave, Decatur, IL, 62526 uses $63,814 cash to close to unlock $2,700/yr annual cash flow and $225/mo monthly cash flow. Total monthly income runs $1,560/mo, and a $942/mo payment keeps the spread at $225/mo. Purchase price stands at $192,500, and rental yield measures 9.72% with $1,560/mo rent. Return on cash invested shows 24.14% in year one, and 5% annual appreciation builds toward $53,184 over five years. Five-year ROI reaches 126.51% and total cumulative return in cash records $80,729. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,560/mo property income covering a $942/mo payment rather than investor’s personal income.
Single Family
Built in 1989
9,147 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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