418 N 7th StVandaliaIL62471
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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 Vandalia at 418 N 7th St, Vandalia, IL, 62471 offers a 9.23% rental yield on a $124,500 purchase with $958/mo rent. Total monthly income registers $958/mo, and a $609/mo payment leaves $95/mo available for distribution. Annual cash flow reaches $1,138/yr on $41,272 to close, and return on cash invested stands at 22.67% in year one. Equity gained on principal adds $803/yr while 5% annual appreciation supports $34,397 over five years. Portfolio math shows five-year ROI at 118.61% and total cumulative return in cash at $48,952. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $958/mo property income against a $609/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
7,601 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62471, Vandalia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,399 (62.8%) |
| Renter Occupied HU | 936 (24.5%) |
| Vacant Housing Units | 483 (12.7%) |
| Median Home Value | $124,807 |
| Average Home Value | $172,931 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,566
Multi-Family
40
Businesses
406
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