241 S Main StArgentaIL62501
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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 Argenta at 241 S Main St, Argenta, IL, 62501 generates $0/mo in rent, after a $746/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.72% in year one, and rental yield is 0% on a $152,500 entry. Equity gained on principal adds $984/yr, while 5% annual appreciation builds toward $42,133 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62501, Argenta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 886 (82.0%) |
| Renter Occupied HU | 108 ( 10.0%) |
| Vacant Housing Units | 86 ( 8.0%) |
| Median Home Value | $190,726 |
| Average Home Value | $205,161 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
36
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No similar rental properties found nearby.
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