301 James StSaint JosephIL61873
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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 Saint Joseph at 301 James St, Saint Joseph, IL, 61873 with 5% annual appreciation on a $240,500 basis while $1,886/mo rent supports operations. Total monthly income totals $1,886/mo and a $1,177/mo payment preserves $218/mo for cash returns. Annual cash flow comes to $2,616/yr on $79,726 deployed, and return on cash invested reaches 23.19% in year one. Equity gained on principal adds $1,552/yr, and five-year appreciation sums $66,446 alongside rental yield of 9.41%. Five-year ROI measures 121.4% and total cumulative return in cash totals $96,783.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,886/mo property income versus a $1,177/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61873, Saint Joseph, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,991 (83.3%) |
| Renter Occupied HU | 296 (12.4%) |
| Vacant Housing Units | 104 ( 4.3%) |
| Median Home Value | $268,318 |
| Average Home Value | $282,628 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,034
Multi-Family
53
Businesses
119
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