307 Kings AveEwingIL62836
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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 Ewing at 307 Kings Ave, Ewing, IL, 62836 generates $1,584/mo in rent and, after a $1,101/mo payment, leaves $24/mo in cash flow. Total monthly income is $1,584/mo, and annual cash flow is $283/yr on $74,588 invested. Return on cash invested sits at 20.29% in year one, and rental yield is 8.45% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 105.87% and total cumulative return in cash sums $78,969. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,584/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.96 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62836, Ewing, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 200 (71.7%) |
| Renter Occupied HU | 46 (16.5%) |
| Vacant Housing Units | 33 (11.8%) |
| Median Home Value | $171,667 |
| Average Home Value | $201,700 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
7
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Listed by: ROBIN S. GELFIUS • RE/MAX Realty Central
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456928
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.