401 Columbus 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 401 Columbus Dr, Decatur, IL, 62526 priced at $127,500 converts $1,950/mo rent into $1,066/mo cash flow after a $624/mo obligation. Total monthly income equals $1,950/mo, and annual cash flow totals $12,788/yr on $42,266 invested. Return on cash invested prints 50.17% in year one, and rental yield reads 18.35% against a $127,500 entry. Equity gained on principal adds $823/yr, while 5% annual appreciation compiles into $35,226 by year five. Five-year ROI reaches 266.11% and total cumulative return in cash sums $112,474. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,950/mo property income covering a $624/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.47 Acres 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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