310 N Bond StVandaliaIL62471
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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 Vandalia at 310 N Bond St, Vandalia, IL, 62471 uses $44,753 cash to close to unlock $1,780/yr annual cash flow and $148/mo monthly cash flow. Total monthly income runs $1,085/mo, and a $661/mo payment keeps the spread at $148/mo. Purchase price stands at $135,000, and rental yield measures 9.64% with $1,085/mo rent. Return on cash invested shows 23.89% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 125.22% and total cumulative return in cash records $56,041. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,085/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1979
8,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62471, Vandalia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,399 (62.8%) |
| Renter Occupied HU | 936 (24.5%) |
| Vacant Housing Units | 483 (12.7%) |
| Median Home Value | $124,807 |
| Average Home Value | $172,931 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,566
Multi-Family
40
Businesses
406
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Listed by: Kristine Nalley • Fayette County Real Estate
Mls Name: MARIS
Mls Provider:
Mls ID: #25027635
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