404 W BroadwayCentraliaIL62801
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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 Centralia at 404 W Broadway, Centralia, IL, 62801 earns $535/mo cash flow from $2,269/mo rent with a $1,224/mo payment. Total monthly income totals $2,269/mo, and annual cash flow totals $6,415/yr on $82,872 capital. ROI tracks 27.65% on current figures, and rental yield reads 10.89% at a $249,990 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,068 over five years. Five-year ROI reaches 145.36% and total cumulative return in cash sums $120,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,269/mo property income instead of your personal income.
Single Family
Built in 1898
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62801, Centralia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,262 (100%) |
| Owner Occupied HU | 5,699 (61.5%) |
| Renter Occupied HU | 2,379 (25.7%) |
| Vacant Housing Units | 1,184 (12.8%) |
| Median Home Value | $103,671 |
| Average Home Value | $137,404 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
7,994
Multi-Family
436
Businesses
716
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