356 S Maple StFarmingtonIL61531
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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 Farmington at 356 S Maple St, Farmington, IL, 61531 with 5% annual appreciation on a $239,900 basis while $1,813/mo rent supports operations. Total monthly income totals $1,813/mo and a $1,174/mo payment preserves $149/mo for cash returns. Annual cash flow comes to $1,790/yr on $79,527 deployed, and return on cash invested reaches 22.16% in year one. Equity gained on principal adds $1,548/yr, and five-year appreciation sums $66,280 alongside rental yield of 9.07%. Five-year ROI measures 115.92% and total cumulative return in cash totals $92,191.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,813/mo property income versus a $1,174/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2001
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61531, Farmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 1,032 (71.0%) |
| Renter Occupied HU | 259 (17.8%) |
| Vacant Housing Units | 163 (11.2%) |
| Median Home Value | $121,875 |
| Average Home Value | $160,446 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,364
Multi-Family
5
Businesses
123
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Listed by: Nicole Grieco • Nicole Grieco Realty
Mls Name: RMLS Alliance
Mls ID: #PA1261806