403 S Elm StInaIL62846
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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 Ina at 403 S Elm St, Ina, IL, 62846 uses $39,449 cash to close to unlock $9,204/yr annual cash flow and $767/mo monthly cash flow. Total monthly income runs $1,592/mo, and a $582/mo payment keeps the spread at $767/mo. Purchase price stands at $119,000, and rental yield measures 16.05% with $1,592/mo rent. Return on cash invested shows 43.24% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 229.07% and total cumulative return in cash records $90,365. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,592/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1947
10,350 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62846, Ina, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 306 (100%) |
| Owner Occupied HU | 206 (67.3%) |
| Renter Occupied HU | 63 (20.6%) |
| Vacant Housing Units | 37 (12.1%) |
| Median Home Value | $110,714 |
| Average Home Value | $141,602 |
Housing Distribution
Address Breakdown
Residential
286
Single Family
286
Multi-Family
0
Businesses
16
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Listed by: Cory D Capps • CAPPS REALTY
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458087
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.