3656 N Meadowlark DrDecaturIL62526
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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 Decatur at 3656 N Meadowlark Dr, Decatur, IL, 62526 priced at $117,000 pairs $912/mo rent with $100/mo cash flow after a $573/mo payment. Total monthly income equals $912/mo, and annual cash flow comes to $1,201/yr on $38,786 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 9.35% on a $117,000 basis. Equity gained on principal adds $755/yr, and 5% annual appreciation accumulates to $32,325 by year five. Five-year ROI measures 120.57% and total cumulative return in cash reaches $46,765. For financing, Ziffy Mortgage’s DSCR program evaluates $912/mo property income against a $573/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62526, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,051 (100%) |
| Owner Occupied HU | 8,507 (53.0%) |
| Renter Occupied HU | 5,728 (35.7%) |
| Vacant Housing Units | 1,816 (11.3%) |
| Median Home Value | $95,635 |
| Average Home Value | $124,329 |
Housing Distribution
Address Breakdown
Residential
14,951
Single Family
12,539
Multi-Family
2,412
Businesses
1,015
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