405 E Larmon StTolonoIL61880
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 Tolono at 405 E Larmon St, Tolono, IL, 61880 at $274,900 posts ROI 20.38% with $36/mo cash flow from $1,942/mo rent. Total monthly income equals $1,942/mo, and annual cash flow records $429/yr on $91,129 to close. Return on cash invested measures 20.38% and rental yield reads 8.48% at the current $274,900. Equity gained on principal adds $1,774/yr, and 5% annual appreciation supports $75,950 by year five. Five-year ROI prints 106.34% and total cumulative return in cash totals $96,903.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,942/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2026
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61880, Tolono, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,324 (75.5%) |
| Renter Occupied HU | 333 (19.0%) |
| Vacant Housing Units | 97 ( 5.5%) |
| Median Home Value | $232,615 |
| Average Home Value | $237,608 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
59
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