311 E Poplar StCobdenIL62920
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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 Cobden at 311 E Poplar St, Cobden, IL, 62920 priced at $120,000 pairs $1,324/mo rent with $492/mo cash flow after a $587/mo payment. Total monthly income equals $1,324/mo, and annual cash flow comes to $5,904/yr on $39,780 invested. Return on cash invested is 34.75% in year one, and rental yield stands at 13.24% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 183.37% and total cumulative return in cash reaches $72,943. For financing, Ziffy Mortgage’s DSCR program evaluates $1,324/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1897
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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Listed by: Lisa A Tomazzoli • SHAWNEE HILLS REAL ESTATE, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB454339
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.