309 E South StCambridgeIL61238
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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 Cambridge at 309 E South St, Cambridge, IL, 61238 with 5% annual appreciation on a $104,900 basis while $789/mo rent supports operations. Total monthly income totals $789/mo and a $513/mo payment preserves $52/mo for cash returns. Annual cash flow comes to $622/yr on $34,774 deployed, and return on cash invested reaches 21.7% in year one. Equity gained on principal adds $677/yr, and five-year appreciation sums $28,982 alongside rental yield of 9.03%. Five-year ROI measures 113.55% and total cumulative return in cash totals $39,486.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $789/mo property income versus a $513/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Steven Ciha • RE/MAX Concepts Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263983
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