314 W Locust StCambridgeIL61238
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 314 W Locust St, Cambridge, IL, 61238 offers a 12.8% rental yield on a $149,900 purchase with $1,599/mo rent. Total monthly income registers $1,599/mo, and a $734/mo payment leaves $559/mo available for distribution. Annual cash flow reaches $6,707/yr on $49,692 to close, and return on cash invested stands at 33.41% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 176.21% and total cumulative return in cash at $87,563. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,599/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1913
0.32 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Abby McAlister • Real Broker, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263429
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.