236 Silver DrDecaturIL62521
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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
Rental property for sale in Decatur at 236 Silver Dr, Decatur, IL, 62521 offers $1,536/mo rent that, after a $974/mo payment, leaves $156/mo cash flow. Total monthly income is $1,536/mo, and annual cash flow is $1,868/yr on $65,969 cash. Return on cash invested measures 22.74% in year one, and rental yield stands at 9.26% at a $199,000 entry. Equity gained on principal adds $1,284/yr while 5% annual appreciation compounds into $54,980 by year five. Five-year ROI records 119.03% and total cumulative return in cash reaches $78,522. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,536/mo property income versus a $974/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62521, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,648 (100%) |
| Owner Occupied HU | 10,782 (64.8%) |
| Renter Occupied HU | 3,964 (23.8%) |
| Vacant Housing Units | 1,902 (11.4%) |
| Median Home Value | $133,182 |
| Average Home Value | $178,889 |
Housing Distribution
Address Breakdown
Residential
15,410
Single Family
14,598
Multi-Family
812
Businesses
748
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