403 E Sycamore StKinmundyIL62854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kinmundy at 403 E Sycamore St, Kinmundy, IL, 62854 offers a 9.08% rental yield on a $121,000 purchase with $916/mo rent. Total monthly income registers $916/mo, and a $592/mo payment leaves $77/mo available for distribution. Annual cash flow reaches $923/yr on $40,112 to close, and return on cash invested stands at 22.21% in year one. Equity gained on principal adds $781/yr while 5% annual appreciation supports $33,430 over five years. Portfolio math shows five-year ROI at 116.16% and total cumulative return in cash at $46,593. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $916/mo property income against a $592/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62854, Kinmundy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 558 (75.7%) |
| Renter Occupied HU | 104 (14.1%) |
| Vacant Housing Units | 75 (10.2%) |
| Median Home Value | $126,220 |
| Average Home Value | $188,925 |
Housing Distribution
Address Breakdown
Residential
646
Single Family
646
Multi-Family
0
Businesses
42
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