304 Indiana AveSouth RoxanaIL62087
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
Rental property for sale in South Roxana at 304 Indiana Ave, South Roxana, IL, 62087 offers $1,364/mo rent that, after a $832/mo payment, leaves $185/mo cash flow. Total monthly income is $1,364/mo, and annual cash flow is $2,219/yr on $56,355 cash. Return on cash invested measures 23.85% in year one, and rental yield stands at 9.63% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 124.92% and total cumulative return in cash reaches $70,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,364/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
5,749 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62087, South Roxana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 462 (55.2%) |
| Renter Occupied HU | 282 (33.7%) |
| Vacant Housing Units | 93 (11.1%) |
| Median Home Value | $107,377 |
| Average Home Value | $164,432 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
56
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Listed by: Monica Mahtani • Berkshire Hathaway HomeServices Select Properties
Mls Name: MARIS
Mls ID: #25073512