309 W Main StEwingIL62836
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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 309 W Main St, Ewing, IL, 62836 generates $0/mo in rent, after a $1,248/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.2% in year one, and rental yield is 0% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 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 1968
0.33 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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No similar rental properties found nearby.
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Listed by: Callie M Brown • RE/MAX INTEGRITY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB459755
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.