303 W Blake StBentonIL62812
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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 Benton at 303 W Blake St, Benton, IL, 62812 uses $66,399 cash to close to unlock $3,072/yr annual cash flow and $256/mo monthly cash flow. Total monthly income runs $1,694/mo, and a $980/mo payment keeps the spread at $256/mo. Purchase price stands at $200,300, and rental yield measures 10.15% with $1,694/mo rent. Return on cash invested shows 24.54% in year one, and 5% annual appreciation builds toward $55,339 over five years. Five-year ROI reaches 128.94% and total cumulative return in cash records $85,614. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,694/mo property income covering a $980/mo payment rather than investor’s personal income.
Single Family
Built in 1992
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62812, Benton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 3,564 (62.6%) |
| Renter Occupied HU | 1,420 (24.9%) |
| Vacant Housing Units | 711 (12.5%) |
| Median Home Value | $106,016 |
| Average Home Value | $144,107 |
Housing Distribution
Address Breakdown
Residential
4,845
Single Family
4,648
Multi-Family
197
Businesses
456
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