404 Pine StStrasburgIL62465
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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 Strasburg at 404 Pine St, Strasburg, IL, 62465 uses $36,432 cash to close to unlock $1,123/yr annual cash flow and $94/mo monthly cash flow. Total monthly income runs $856/mo, and a $538/mo payment keeps the spread at $94/mo. Purchase price stands at $109,900, and rental yield measures 9.35% with $856/mo rent. Return on cash invested shows 22.99% in year one, and 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 120.4% and total cumulative return in cash records $43,864. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $856/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62465, Strasburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 262 (83.2%) |
| Renter Occupied HU | 28 ( 8.9%) |
| Vacant Housing Units | 25 ( 7.9%) |
| Median Home Value | $155,833 |
| Average Home Value | $237,405 |
Housing Distribution
Address Breakdown
Residential
272
Single Family
272
Multi-Family
0
Businesses
23
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