227 E 2nd StMineralIL61344
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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 Mineral at 227 E 2nd St, Mineral, IL, 61344 earns $90/mo cash flow from $991/mo rent with a $636/mo payment. Total monthly income totals $991/mo, and annual cash flow totals $1,075/yr on $43,095 capital. ROI tracks 22.4% on current figures, and rental yield reads 9.15% at a $130,000 purchase. Equity gained on principal adds $839/yr, and 5% annual appreciation supports $35,917 over five years. Five-year ROI reaches 117.26% and total cumulative return in cash sums $50,535. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $991/mo property income instead of your personal income.
Single Family
Built in 1876
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61344, Mineral, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 173 (100%) |
| Owner Occupied HU | 127 (73.4%) |
| Renter Occupied HU | 26 (15.0%) |
| Vacant Housing Units | 20 (11.6%) |
| Median Home Value | $182,955 |
| Average Home Value | $231,339 |
Housing Distribution
Address Breakdown
Residential
76
Single Family
76
Multi-Family
0
Businesses
9
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