302 College StBlue MoundIL62513
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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
Total monthly income runs $684/mo, and a $891/mo payment. Purchase price stands at $182,000, and rental yield measures 4.51% with $684/mo rent. Return on cash invested shows 8.4% in year one, and 5% annual appreciation builds toward $50,283 over five years. Five-year ROI reaches 42.16% and total cumulative return in cash records $25,437. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $684/mo property income covering a $891/mo payment rather than investor’s personal income.
Single Family
Built in 1915
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62513, Blue Mound, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 732 (100%) |
| Owner Occupied HU | 529 (72.3%) |
| Renter Occupied HU | 135 (18.4%) |
| Vacant Housing Units | 68 ( 9.3%) |
| Median Home Value | $122,955 |
| Average Home Value | $156,749 |
Housing Distribution
Address Breakdown
Residential
558
Single Family
558
Multi-Family
0
Businesses
42
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Listed by: Tony Piraino • Brinkoetter REALTORS
Mls Name: CIBR
Mls Provider:
Mls ID: #6243880
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.