413 E Lafayette StStauntonIL62088
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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
Rental property for sale in Staunton at 413 E Lafayette St, Staunton, IL, 62088 priced at $109,000 pairs $900/mo rent with $143/mo cash flow after a $534/mo payment. Total monthly income equals $900/mo, and annual cash flow comes to $1,721/yr on $36,134 invested. Return on cash invested is 24.67% in year one, and rental yield stands at 9.91% on a $109,000 basis. Equity gained on principal adds $703/yr, and 5% annual appreciation accumulates to $30,115 by year five. Five-year ROI measures 129.45% and total cumulative return in cash reaches $46,774. For financing, Ziffy Mortgage’s DSCR program evaluates $900/mo property income against a $534/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1945
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62088, Staunton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,076 (100%) |
| Owner Occupied HU | 2,121 (69.0%) |
| Renter Occupied HU | 659 (21.4%) |
| Vacant Housing Units | 296 ( 9.6%) |
| Median Home Value | $151,474 |
| Average Home Value | $187,077 |
Housing Distribution
Address Breakdown
Residential
2,953
Single Family
2,876
Multi-Family
77
Businesses
185
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