400 N North StArgentaIL62501
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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 Argenta at 400 N North St, Argenta, IL, 62501 listed at $253,600 pairs $2,653/mo rent with a $1,241/mo payment to leave $863/mo cash flow. Total monthly income runs $2,653/mo, and annual cash flow reaches $10,361/yr on $84,068 cash to close. Return on cash invested measures 32.23% in year one, and rental yield registers 12.55% at a $253,600 basis. Equity gained on principal adds $1,636/yr, and annual property appreciation at 5% supports $70,065 by year five. Five-year ROI tracks 170.09% and total cumulative return in cash totals $142,992. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,653/mo property income relative to a $1,241/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1889
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62501, Argenta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 886 (82.0%) |
| Renter Occupied HU | 108 ( 10.0%) |
| Vacant Housing Units | 86 ( 8.0%) |
| Median Home Value | $190,726 |
| Average Home Value | $205,161 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
36
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