421 E Wabash AveRantoulIL61866
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Rantoul at 421 E Wabash Ave, Rantoul, IL, 61866 listed at $119,000 pairs $984/mo rent with a $582/mo payment to leave $159/mo cash flow. Total monthly income runs $984/mo, and annual cash flow reaches $1,908/yr on $39,449 cash to close. Return on cash invested measures 24.75% in year one, and rental yield registers 9.92% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 129.87% and total cumulative return in cash totals $51,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $984/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
8,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61866, Rantoul, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 3,003 (48.5%) |
| Renter Occupied HU | 2,516 (40.6%) |
| Vacant Housing Units | 676 (10.9%) |
| Median Home Value | $130,914 |
| Average Home Value | $163,816 |
Housing Distribution
Address Breakdown
Residential
5,881
Single Family
5,499
Multi-Family
382
Businesses
424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices