412 N Main StEwingIL62836
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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 Ewing at 412 N Main St, Ewing, IL, 62836 offers a 10.92% rental yield on a $145,000 purchase with $1,319/mo rent. Total monthly income registers $1,319/mo, and a $710/mo payment leaves $313/mo available for distribution. Annual cash flow reaches $3,755/yr on $48,068 to close, and return on cash invested stands at 27.72% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 145.71% and total cumulative return in cash at $70,040. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,319/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1999
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62836, Ewing, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 279 (100%) |
| Owner Occupied HU | 200 (71.7%) |
| Renter Occupied HU | 46 (16.5%) |
| Vacant Housing Units | 33 (11.8%) |
| Median Home Value | $171,667 |
| Average Home Value | $201,700 |
Housing Distribution
Address Breakdown
Residential
267
Single Family
267
Multi-Family
0
Businesses
7
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Listed by: Brandi Champley • VIP Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457249
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.