218 E South 5th StRed BudIL62278
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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 Red Bud at 218 E South 5th St, Red Bud, IL, 62278 with 5% annual appreciation on a $199,000 basis while $1,282/mo rent supports operations. 12% in year one. Equity gained on principal adds $1,284/yr, and five-year appreciation sums $54,980 alongside rental yield of 7.73%. Five-year ROI measures 94.24% and total cumulative return in cash totals $62,166. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,282/mo property income versus a $974/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62278, Red Bud, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,001 (100%) |
| Owner Occupied HU | 2,213 (73.7%) |
| Renter Occupied HU | 542 (18.1%) |
| Vacant Housing Units | 246 ( 8.2%) |
| Median Home Value | $215,244 |
| Average Home Value | $242,262 |
Housing Distribution
Address Breakdown
Residential
2,793
Single Family
2,719
Multi-Family
74
Businesses
247
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Listed by: Monica Schmidt • eXp Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25013823
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