








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Sidell at 402 N Gray St, Sidell, IL, 61876 priced at $149,900 converts $1,165/mo rent into $80/mo cash flow after a $734/mo obligation. Total monthly income equals $1,165/mo, and annual cash flow totals $963/yr on $49,692 invested. Return on cash invested prints 21.85% in year one, and rental yield reads 9.33% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 114.7% and total cumulative return in cash sums $56,999. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,165/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1924
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 61876, Sidell, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 277 (100%) |
| Owner Occupied HU | 206 (74.4%) |
| Renter Occupied HU | 32 (11.6%) |
| Vacant Housing Units | 39 (14.1%) |
| Median Home Value | $85,000 |
| Average Home Value | $111,056 |
Residential
163
Single Family
163
Multi-Family
0
Businesses
17
Date | Event | Price |
|---|---|---|
| 2025-04-02 | Listed for sale | $149,900 |
| 2024-06-07 | Sold | $145,000 |
| 2024-05-08 | Contingent | $149,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-04 | $3459.50 | 6.67% | $46,320 | 9.63% |
| 2022-04-04 | $3243.18 | 0.87% | $42,251 | 3.10% |
| 2021-04-04 | $3215.32 | 6.36% | $40,980 | N/A |



Listed by: Ryan Dallas • Ryan Dallas Real Estate
Mls Name: CIBR
Mls Provider:
Mls ID: #6251336
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.