251 Frey LnPocahontasIL62275
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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 Pocahontas at 251 Frey Ln, Pocahontas, IL, 62275 offers a 0% rental yield on a $275,000 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $1,775/yr while 5% annual appreciation supports $75,977 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,346/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62275, Pocahontas, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,628 (100%) |
| Owner Occupied HU | 1,292 (79.4%) |
| Renter Occupied HU | 199 (12.2%) |
| Vacant Housing Units | 137 ( 8.4%) |
| Median Home Value | $202,903 |
| Average Home Value | $257,463 |
Housing Distribution
Address Breakdown
Residential
1,278
Single Family
1,278
Multi-Family
0
Businesses
39
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No similar rental properties found nearby.
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Listed by: Virgil Straeter • Auction Associates
Mls Name: My State MLS
Mls ID: #11368219