409 W Burton AveEurekaIL61530
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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 Eureka at 409 W Burton Ave, Eureka, IL, 61530 uses $54,698 cash to close to unlock $11,125/yr annual cash flow and $927/mo monthly cash flow. Total monthly income runs $2,072/mo, and a $808/mo payment keeps the spread at $927/mo. Purchase price stands at $165,000, and rental yield measures 15.07% with $2,072/mo rent. Return on cash invested shows 40.25% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 213% and total cumulative return in cash records $116,507. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,072/mo property income covering a $808/mo payment rather than investor’s personal income.
Single Family
Built in 1929
8,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61530, Eureka, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,631 (100%) |
| Owner Occupied HU | 1,847 (70.2%) |
| Renter Occupied HU | 618 (23.5%) |
| Vacant Housing Units | 166 ( 6.3%) |
| Median Home Value | $182,292 |
| Average Home Value | $212,197 |
Housing Distribution
Address Breakdown
Residential
2,547
Single Family
2,413
Multi-Family
134
Businesses
233
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Listed by: Krystal Sondag • RE/MAX Traders Unlimited
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1250648
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.