402 W Tower StEurekaIL61530
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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 Eureka at 402 W Tower St, Eureka, IL, 61530 with 5% annual appreciation on a $147,400 basis while $1,852/mo rent supports operations. Total monthly income totals $1,852/mo and a $721/mo payment preserves $830/mo for cash returns. Annual cash flow comes to $9,961/yr on $48,863 deployed, and return on cash invested reaches 40.29% in year one. Equity gained on principal adds $951/yr, and five-year appreciation sums $40,724 alongside rental yield of 15.08%. Five-year ROI measures 213.23% and total cumulative return in cash totals $104,190.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,852/mo property income versus a $721/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1955
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61530, Eureka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,631 (100%) |
| Owner Occupied HU | 1,847 (70.2%) |
| Renter Occupied HU | 618 (23.5%) |
| Vacant Housing Units | 166 ( 6.3%) |
| Median Home Value | $182,292 |
| Average Home Value | $212,197 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,413
Multi-Family
134
Businesses
233
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