2518 E Hundred North RdPanaIL62557
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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 Pana at 2518 E Hundred North Rd, Pana, IL, 62557 priced at $449,500 converts $726/mo rent into after a $2,200/mo obligation. Total monthly income equals $726/mo. Return on cash invested prints 0.65% in year one, and rental yield reads 1.94% against a $449,500 entry. Equity gained on principal adds $2,901/yr, while 5% annual appreciation compiles into $124,189 by year five. Five-year ROI reaches 0.55% and total cumulative return in cash sums $821. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $726/mo property income covering a $2,200/mo payment, not borrower’s personal income.
Single Family
Built in 1951
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62557, Pana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,213 (62.7%) |
| Renter Occupied HU | 743 (21.1%) |
| Vacant Housing Units | 571 (16.2%) |
| Median Home Value | $114,822 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,893
Multi-Family
177
Businesses
247
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