229 N 1st StVandaliaIL62471
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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 Vandalia at 229 N 1st St, Vandalia, IL, 62471 with 5% annual appreciation on a $139,500 basis while $1,116/mo rent supports operations. Total monthly income totals $1,116/mo and a $683/mo payment preserves $148/mo for cash returns. Annual cash flow comes to $1,778/yr on $46,244 deployed, and return on cash invested reaches 23.75% in year one. Equity gained on principal adds $900/yr, and five-year appreciation sums $38,541 alongside rental yield of 9.6%. Five-year ROI measures 124.52% and total cumulative return in cash totals $57,585.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,116/mo property income versus a $683/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1895
9,121 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62471, Vandalia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,399 (62.8%) |
| Renter Occupied HU | 936 (24.5%) |
| Vacant Housing Units | 483 (12.7%) |
| Median Home Value | $124,807 |
| Average Home Value | $172,931 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,566
Multi-Family
40
Businesses
406
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