308 W North 2nd 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
Investment property for sale in Strasburg at 308 W North 2nd St, Strasburg, IL, 62465 earns from $0/mo rent with a $587/mo payment. Total monthly income totals $0/mo. ROI tracks -5.19% on current figures, and rental yield reads 0% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 1993
N/A 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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