314 W Webster StBentonIL62812
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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
Rental property for sale in Benton at 314 W Webster St, Benton, IL, 62812 priced at $169,900 converts $1,948/mo rent into $676/mo cash flow after a $832/mo obligation. Total monthly income equals $1,948/mo, and annual cash flow totals $8,113/yr on $56,322 invested. Return on cash invested prints 34.31% in year one, and rental yield reads 13.76% against a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation compiles into $46,940 by year five. Five-year ROI reaches 181.87% and total cumulative return in cash sums $102,434. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,948/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62812, Benton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,695 (100%) |
| Owner Occupied HU | 3,564 (62.6%) |
| Renter Occupied HU | 1,420 (24.9%) |
| Vacant Housing Units | 711 (12.5%) |
| Median Home Value | $106,016 |
| Average Home Value | $144,107 |
Housing Distribution
Address Breakdown
Residential
4,845
Single Family
4,648
Multi-Family
197
Businesses
456
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Listed by: David G Mccollum • MCCOLLUM REAL ESTATE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456363
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.