340 Illinois DrRantoulIL61866
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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
Investment property for sale in Rantoul at 340 Illinois Dr, Rantoul, IL, 61866 offers a 5.75% rental yield on a $187,900 purchase with $900/mo rent. 13% in year one. Equity gained on principal adds $1,212/yr while 5% annual appreciation supports $51,913 over five years. Portfolio math shows five-year ROI at 62.17% and total cumulative return in cash at $38,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $900/mo property income against a $920/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61866, Rantoul, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,003 (48.5%) |
| Renter Occupied HU | 2,516 (40.6%) |
| Vacant Housing Units | 676 (10.9%) |
| Median Home Value | $130,914 |
| Average Home Value | $163,816 |
Housing Distribution
Address Breakdown
Residential
5,881
Single Family
5,499
Multi-Family
382
Businesses
424
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