233 S Eagan StKinmundyIL62854
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 Kinmundy at 233 S Eagan St, Kinmundy, IL, 62854 offers $900/mo rent that, after a $578/mo payment, leaves $81/mo cash flow. Total monthly income is $900/mo, and annual cash flow is $973/yr on $39,117 cash. Return on cash invested measures 22.4% in year one, and rental yield stands at 9.15% at a $118,000 entry. Equity gained on principal adds $761/yr while 5% annual appreciation compounds into $32,601 by year five. Five-year ROI records 117.29% and total cumulative return in cash reaches $45,879. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $900/mo property income versus a $578/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1922
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62854, Kinmundy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 104 (14.1%) |
| Vacant Housing Units | 75 (10.2%) |
| Median Home Value | $126,220 |
| Average Home Value | $188,925 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
42
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