413 W Fort StFarmingtonIL61531
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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 Farmington at 413 W Fort St, Farmington, IL, 61531 earns $60/mo cash flow from $937/mo rent with a $587/mo payment. Total monthly income totals $937/mo, and annual cash flow totals $722/yr on $39,780 capital. ROI tracks 21.72% on current figures, and rental yield reads 9.37% at a $120,000 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 over five years. Five-year ROI reaches 114.17% and total cumulative return in cash sums $45,415. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $937/mo property income instead of your personal income.
Multi Family
Built in N/A
3.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61531, Farmington, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,454 (100%) |
| Owner Occupied HU | 1,032 (71.0%) |
| Renter Occupied HU | 259 (17.8%) |
| Vacant Housing Units | 163 (11.2%) |
| Median Home Value | $121,875 |
| Average Home Value | $160,446 |
Housing Distribution
Address Breakdown
Residential
1,369
Single Family
1,364
Multi-Family
5
Businesses
123
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Listed by: Lisa Inman • BHHS Central Illinois, REALTORS
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1254216
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.