408 E Cedar AveDu QuoinIL62832
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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 Du Quoin at 408 E Cedar Ave, Du Quoin, IL, 62832 earns $59/mo cash flow from $960/mo rent with a $636/mo payment. Total monthly income totals $960/mo, and annual cash flow totals $705/yr on $43,062 capital. ROI tracks 21.55% on current figures, and rental yield reads 8.87% at a $129,900 purchase. Equity gained on principal adds $838/yr, and 5% annual appreciation supports $35,889 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash sums $48,499. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $960/mo property income instead of your personal income.
Single Family
Built in 1926
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62832, Du Quoin, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,382 (100%) |
| Owner Occupied HU | 2,787 (63.6%) |
| Renter Occupied HU | 938 (21.4%) |
| Vacant Housing Units | 657 (15.0%) |
| Median Home Value | $115,961 |
| Average Home Value | $151,662 |
Housing Distribution
Address Breakdown
Residential
3,886
Single Family
3,799
Multi-Family
87
Businesses
326
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