401 Stout StSaint JosephIL61873
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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 Saint Joseph at 401 Stout St, Saint Joseph, IL, 61873 with 5% annual appreciation on a $141,000 basis while $1,067/mo rent supports operations. Total monthly income totals $1,067/mo and a $690/mo payment preserves $89/mo for cash returns. Annual cash flow comes to $1,069/yr on $46,742 deployed, and return on cash invested reaches 22.2% in year one. Equity gained on principal adds $910/yr, and five-year appreciation sums $38,956 alongside rental yield of 9.08%. Five-year ROI measures 116.17% and total cumulative return in cash totals $54,300.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,067/mo property income versus a $690/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
10,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61873, Saint Joseph, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,991 (83.3%) |
| Renter Occupied HU | 296 (12.4%) |
| Vacant Housing Units | 104 ( 4.3%) |
| Median Home Value | $268,318 |
| Average Home Value | $282,628 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,034
Multi-Family
53
Businesses
119
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Listed by: Brian Brockman • Bang Realty
Mls Name: My State MLS
Mls ID: #11633968