401 S East StColchesterIL62326
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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 Colchester at 401 S East St, Colchester, IL, 62326 at $164,900 posts ROI 23.34% with $156/mo cash flow from $1,300/mo rent. Total monthly income equals $1,300/mo, and annual cash flow records $1,876/yr on $54,664 to close. Return on cash invested measures 23.34% and rental yield reads 9.46% at the current $164,900. Equity gained on principal adds $1,064/yr, and 5% annual appreciation supports $45,559 by year five. Five-year ROI prints 122.3% and total cumulative return in cash totals $66,856.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,300/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
1.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62326, Colchester, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,200 (100%) |
| Owner Occupied HU | 897 (74.7%) |
| Renter Occupied HU | 180 (15.0%) |
| Vacant Housing Units | 123 (10.2%) |
| Median Home Value | $106,565 |
| Average Home Value | $154,448 |
Housing Distribution
Address Breakdown
Residential
891
Single Family
891
Multi-Family
0
Businesses
53
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Nearby investment properties with comparable prices
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