306 N Jefferson StAbingdonIL61410
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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 Abingdon at 306 N Jefferson St, Abingdon, IL, 61410 generates $1,842/mo in rent and, after a $568/mo payment, leaves $1,037/mo in cash flow. Total monthly income is $1,842/mo, and annual cash flow is $12,446/yr on $38,454 invested. Return on cash invested sits at 52.28% in year one, and rental yield is 19.06% on a $116,000 entry. Equity gained on principal adds $749/yr, while 5% annual appreciation builds toward $32,049 over five years. Five-year ROI reaches 277.48% and total cumulative return in cash sums $106,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,842/mo property income rather than buyer’s personal income.
Single Family
Built in 1896
6,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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Listed by: Randy L Wilson • eXp Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036823
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.