301 E Center AveRioIL61472
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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 Rio at 301 E Center Ave, Rio, IL, 61472 uses $86,157 cash to close to unlock $2,500/yr annual cash flow and $208/mo monthly cash flow. Total monthly income runs $2,011/mo, and a $1,272/mo payment keeps the spread at $208/mo. Purchase price stands at $259,900, and rental yield measures 9.29% with $2,011/mo rent. Return on cash invested shows 22.81% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 119.42% and total cumulative return in cash records $102,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,011/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61472, Rio, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 268 (100%) |
| Owner Occupied HU | 222 (82.8%) |
| Renter Occupied HU | 24 ( 9.0%) |
| Vacant Housing Units | 22 ( 8.2%) |
| Median Home Value | $226,786 |
| Average Home Value | $234,471 |
Housing Distribution
Address Breakdown
Residential
226
Single Family
226
Multi-Family
0
Businesses
13
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Listed by: Nolan Paxton • KW 1Advantage
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262094
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.