302 Oak StAdairIL61411
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Adair at 302 Oak St, Adair, IL, 61411 with 5% annual appreciation on a $127,000 basis while $954/mo rent supports operations. Total monthly income totals $954/mo and a $622/mo payment preserves $73/mo for cash returns. Annual cash flow comes to $872/yr on $42,101 deployed, and return on cash invested reaches 21.98% in year one. Equity gained on principal adds $820/yr, and five-year appreciation sums $35,088 alongside rental yield of 9.01%. Five-year ROI measures 114.97% and total cumulative return in cash totals $48,405.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $954/mo property income versus a $622/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1926
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61411, Adair, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 174 (100%) |
| Owner Occupied HU | 139 (79.9%) |
| Renter Occupied HU | 16 ( 9.2%) |
| Vacant Housing Units | 19 (10.9%) |
| Median Home Value | $117,330 |
| Average Home Value | $132,626 |
Housing Distribution
Address Breakdown
Residential
144
Single Family
144
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Thelma L Smiddy • RE/MAX Unified Brokers
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1257506
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.