316 N Walnut StArcolaIL61910
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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 Arcola at 316 N Walnut St, Arcola, IL, 61910 priced at $154,900 converts $780/mo rent into after a $758/mo obligation. Total monthly income equals $780/mo. Return on cash invested prints 13.03% in year one, and rental yield reads 6.04% against a $154,900 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,796 by year five. Five-year ROI reaches 66.97% and total cumulative return in cash sums $34,388. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $780/mo property income covering a $758/mo payment, not borrower’s personal income.
Single Family
Built in 1980
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61910, Arcola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,756 (100%) |
| Owner Occupied HU | 1,226 (69.8%) |
| Renter Occupied HU | 402 (22.9%) |
| Vacant Housing Units | 128 ( 7.3%) |
| Median Home Value | $171,951 |
| Average Home Value | $207,867 |
Housing Distribution
Address Breakdown
Residential
1,656
Single Family
1,644
Multi-Family
12
Businesses
154
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