401 E 4th StPanaIL62557
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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 Pana at 401 E 4th St, Pana, IL, 62557 uses $47,073 cash to close to unlock $2,683/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,237/mo, and a $695/mo payment keeps the spread at $224/mo. Purchase price stands at $142,000, and rental yield measures 10.45% with $1,237/mo rent. Return on cash invested shows 25.61% in year one, and 5% annual appreciation builds toward $39,232 over five years. Five-year ROI reaches 134.66% and total cumulative return in cash records $63,386. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,237/mo property income covering a $695/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62557, Pana, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,527 (100%) |
| Owner Occupied HU | 2,213 (62.7%) |
| Renter Occupied HU | 743 (21.1%) |
| Vacant Housing Units | 571 (16.2%) |
| Median Home Value | $114,822 |
| Average Home Value | $143,717 |
Housing Distribution
Address Breakdown
Residential
3,070
Single Family
2,893
Multi-Family
177
Businesses
247
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