357 E Clay StEl PasoIL61738
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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 El Paso at 357 E Clay St, El Paso, IL, 61738 priced at $149,000 converts $1,704/mo rent into $671/mo cash flow after a $729/mo obligation. Total monthly income equals $1,704/mo, and annual cash flow totals $8,049/yr on $49,394 invested. Return on cash invested prints 36.21% in year one, and rental yield reads 13.72% against a $149,000 entry. Equity gained on principal adds $961/yr, while 5% annual appreciation compiles into $41,166 by year five. Five-year ROI reaches 191.21% and total cumulative return in cash sums $94,444. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,704/mo property income covering a $729/mo payment, not borrower’s personal income.
Single Family
Built in 2005
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61738, El Paso, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,690 (100%) |
| Owner Occupied HU | 1,261 (74.6%) |
| Renter Occupied HU | 328 (19.4%) |
| Vacant Housing Units | 101 ( 6.0%) |
| Median Home Value | $180,494 |
| Average Home Value | $224,138 |
Housing Distribution
Address Breakdown
Residential
1,685
Single Family
1,664
Multi-Family
21
Businesses
148
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