306 Bible StFloraIL62839
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 Flora at 306 Bible St, Flora, IL, 62839 offers $1,260/mo rent that, after a $783/mo payment, leaves $150/mo cash flow. Total monthly income is $1,260/mo, and annual cash flow is $1,804/yr on $53,040 cash. Return on cash invested measures 23.31% in year one, and rental yield stands at 9.45% at a $159,999 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,205 by year five. Five-year ROI records 122.13% and total cumulative return in cash reaches $64,777. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,260/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices