2303 Thunderbird DrDecaturIL62526
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 Decatur at 2303 Thunderbird Dr, Decatur, IL, 62526 generates $1,560/mo in rent, after a $1,101/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 19.91% in year one, and rental yield is 8.32% on a $224,897 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,135 over five years. Five-year ROI reaches 103.82% and total cumulative return in cash sums $77,401. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62526, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 8,507 (53.0%) |
| Renter Occupied HU | 5,728 (35.7%) |
| Vacant Housing Units | 1,816 (11.3%) |
| Median Home Value | $95,635 |
| Average Home Value | $124,329 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
12,539
Multi-Family
2,412
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
