31457 Straw School RdShannonIL61078
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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 Shannon at 31457 Straw School Rd, Shannon, IL, 61078 earns $219/mo cash flow from $2,778/mo rent with a $1,806/mo payment. Total monthly income totals $2,778/mo, and annual cash flow totals $2,623/yr on $122,324 capital. ROI tracks 22.05% on current figures, and rental yield reads 9.03% at a $369,000 purchase. Equity gained on principal adds $2,381/yr, and 5% annual appreciation supports $101,948 over five years. Five-year ROI reaches 115.33% and total cumulative return in cash sums $141,075. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,778/mo property income instead of your personal income.
Single Family
Built in 1967
5.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61078, Shannon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 641 (100%) |
| Owner Occupied HU | 490 (76.4%) |
| Renter Occupied HU | 81 (12.6%) |
| Vacant Housing Units | 70 (10.9%) |
| Median Home Value | $180,556 |
| Average Home Value | $242,878 |
Housing Distribution
Address Breakdown
Residential
528
Single Family
528
Multi-Family
0
Businesses
43
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