403 E Ford StEnergyIL62933
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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
Rental property for sale in Energy at 403 E Ford St, Energy, IL, 62933 offers $1,024/mo rent that, after a $660/mo payment, leaves $89/mo cash flow. Total monthly income is $1,024/mo, and annual cash flow is $1,063/yr on $44,719 cash. Return on cash invested measures 22.29% in year one, and rental yield stands at 9.11% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 116.61% and total cumulative return in cash reaches $52,145. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,024/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.36 Acres lot
$N/A/sqft
No HOA
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Listed by: MELISSA A PLANT • COLDWELL BANKER J. DAVID THOMPSON
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458079
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