222 S 4th StCowdenIL62422
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Nearby investment properties with comparable prices
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
Rental property for sale in Cowden at 222 S 4th St, Cowden, IL, 62422 priced at $129,606 pairs $2,213/mo rent with $1,290/mo cash flow after a $634/mo payment. Total monthly income equals $2,213/mo, and annual cash flow comes to $15,484/yr on $42,964 invested. Return on cash invested is 55.95% in year one, and rental yield stands at 20.49% on a $129,606 basis. Equity gained on principal adds $836/yr, and 5% annual appreciation accumulates to $35,808 by year five. Five-year ROI measures 297.4% and total cumulative return in cash reaches $127,775. For financing, Ziffy Mortgage’s DSCR program evaluates $2,213/mo property income against a $634/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1973
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62422, Cowden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 600 (100%) |
| Owner Occupied HU | 443 (73.8%) |
| Renter Occupied HU | 111 (18.5%) |
| Vacant Housing Units | 46 ( 7.7%) |
| Median Home Value | $174,764 |
| Average Home Value | $199,453 |
Housing Distribution
Address Breakdown
Residential
345
Single Family
345
Multi-Family
0
Businesses
20
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