216 N 3rd StCubaIL61427
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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 Cuba at 216 N 3rd St, Cuba, IL, 61427 listed at $109,900 pairs $861/mo rent with a $538/mo payment to leave $99/mo cash flow. Total monthly income runs $861/mo, and annual cash flow reaches $1,183/yr on $36,432 cash to close. Return on cash invested measures 23.16% in year one, and rental yield registers 9.4% at a $109,900 basis. Equity gained on principal adds $709/yr, and annual property appreciation at 5% supports $30,363 by year five. Five-year ROI tracks 121.29% and total cumulative return in cash totals $44,188. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $861/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61427, Cuba, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 763 (73.6%) |
| Renter Occupied HU | 145 (14.0%) |
| Vacant Housing Units | 129 (12.4%) |
| Median Home Value | $118,750 |
| Average Home Value | $167,513 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
42
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Listed by: Adam J Merrick • Adam Merrick Real Estate
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1255623
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.