312 N Cedar StAbingdonIL61410
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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 Abingdon at 312 N Cedar St, Abingdon, IL, 61410 offers a 11.1% rental yield on a $189,900 purchase with $1,757/mo rent. Total monthly income registers $1,757/mo, and a $929/mo payment leaves $440/mo available for distribution. Annual cash flow reaches $5,283/yr on $62,952 to close, and return on cash invested stands at 28.3% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 148.86% and total cumulative return in cash at $93,713. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,757/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
10,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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Listed by: Randy L Wilson • exp Realty, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036043
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.