308 W Commercial StStrasburgIL62465
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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 Strasburg at 308 W Commercial St, Strasburg, IL, 62465 generates $0/mo in rent, after a $690/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.21% in year one, and rental yield is 0% on a $140,900 entry. Equity gained on principal adds $909/yr, while 5% annual appreciation builds toward $38,928 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62465, Strasburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 262 (83.2%) |
| Renter Occupied HU | 28 ( 8.9%) |
| Vacant Housing Units | 25 ( 7.9%) |
| Median Home Value | $155,833 |
| Average Home Value | $237,405 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
23
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No similar rental properties found nearby.
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