406 Cedar StCentraliaIL62801
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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 406 Cedar St, Centralia, IL, 62801 at $119,900 posts ROI 31.6% with $387/mo cash flow from $1,219/mo rent. Total monthly income equals $1,219/mo, and annual cash flow records $4,646/yr on $39,747 to close. Return on cash invested measures 31.6% and rental yield reads 12.2% at the current $119,900. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 by year five. Five-year ROI prints 166.65% and total cumulative return in cash totals $66,240.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,219/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1933
10,062 sqft 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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