305 S East StMansfieldIL61854
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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
Rental property for sale in Mansfield at 305 S East St, Mansfield, IL, 61854 priced at $210,000 converts $0/mo rent into after a $1,028/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.2% in year one, and rental yield reads 0% against a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation compiles into $58,019 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,028/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61854, Mansfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 703 (100%) |
| Owner Occupied HU | 539 (76.7%) |
| Renter Occupied HU | 105 (14.9%) |
| Vacant Housing Units | 59 ( 8.4%) |
| Median Home Value | $207,095 |
| Average Home Value | $300,436 |
Housing Distribution
Address Breakdown
Residential
351
Single Family
351
Multi-Family
0
Businesses
36
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices