225 S Main StClay CityIL62824
Nearby investment properties with comparable rents
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 Clay City at 225 S Main St, Clay City, IL, 62824 priced at $119,900 converts $866/mo rent into $34/mo cash flow after a $587/mo obligation. Total monthly income equals $866/mo, and annual cash flow totals $410/yr on $39,747 invested. Return on cash invested prints 20.94% in year one, and rental yield reads 8.67% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 109.47% and total cumulative return in cash sums $43,512. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $866/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1944
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62824, Clay City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 833 (100%) |
| Owner Occupied HU | 615 (73.8%) |
| Renter Occupied HU | 110 (13.2%) |
| Vacant Housing Units | 108 (13.0%) |
| Median Home Value | $165,046 |
| Average Home Value | $241,549 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
575
Multi-Family
0
Businesses
55
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices