216 N Broadway StCentraliaIL62801
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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 Centralia at 216 N Broadway St, Centralia, IL, 62801 at $198,500 posts ROI 3.22% with from $462/mo rent. Total monthly income equals $462/mo. Return on cash invested measures 3.22% and rental yield reads 2.79% at the current $198,500. Equity gained on principal adds $1,281/yr, and 5% annual appreciation supports $54,842 by year five. Five-year ROI prints 14.32% and total cumulative return in cash totals $9,425. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $462/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62801, Centralia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,262 (100%) |
| Owner Occupied HU | 5,699 (61.5%) |
| Renter Occupied HU | 2,379 (25.7%) |
| Vacant Housing Units | 1,184 (12.8%) |
| Median Home Value | $103,671 |
| Average Home Value | $137,404 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
7,994
Multi-Family
436
Businesses
716
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Listed by: Alan B Owen • Coldwell Banker Allen & Geary
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455154
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.