306 W 5th 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 306 W 5th St, Benton, IL, 62812 with 5% annual appreciation on a $139,000 basis while $1,070/mo rent supports operations. Total monthly income totals $1,070/mo and a $680/mo payment preserves $29/mo for cash returns. Annual cash flow comes to $347/yr on $46,079 deployed, and return on cash invested reaches 20.66% in year one. Equity gained on principal adds $897/yr, and five-year appreciation sums $38,403 alongside rental yield of 9.24%. Five-year ROI measures 108.56% and total cumulative return in cash totals $50,024.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,070/mo property income versus a $680/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.54 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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Listed by: TERRIE L MORRIS • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB455720
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.