332 W Main StWarrensburgIL62573
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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 Warrensburg at 332 W Main St, Warrensburg, IL, 62573 offers a 5.92% rental yield on a $145,900 purchase with $720/mo rent. 67% in year one. Equity gained on principal adds $941/yr while 5% annual appreciation supports $40,309 over five years. Portfolio math shows five-year ROI at 65.06% and total cumulative return in cash at $31,467. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $714/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1927
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62573, Warrensburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 487 (71.0%) |
| Renter Occupied HU | 110 (16.0%) |
| Vacant Housing Units | 89 (13.0%) |
| Median Home Value | $136,458 |
| Average Home Value | $162,089 |
Housing Distribution
Address Breakdown
Residential
423
Single Family
423
Multi-Family
0
Businesses
35
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Listed by: Diane Otta • Brinkoetter REALTORS
Mls Name: CIBR
Mls ID: #6254209