424 Springfield AveAnnaIL62906
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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 Anna at 424 Springfield Ave, Anna, IL, 62906 offers a 9.39% rental yield on a $164,700 purchase with $1,289/mo rent. Total monthly income registers $1,289/mo, and a $806/mo payment leaves $147/mo available for distribution. Annual cash flow reaches $1,761/yr on $54,598 to close, and return on cash invested stands at 23.13% in year one. Equity gained on principal adds $1,063/yr while 5% annual appreciation supports $45,504 over five years. Portfolio math shows five-year ROI at 121.13% and total cumulative return in cash at $66,133. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,289/mo property income against a $806/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62906, Anna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,093 (62.5%) |
| Renter Occupied HU | 887 (26.5%) |
| Vacant Housing Units | 371 (11.1%) |
| Median Home Value | $162,168 |
| Average Home Value | $195,884 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
2,866
Multi-Family
195
Businesses
305
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Listed by: Lisa Tomazzoli • House 2 Home Realty Carterville
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4262326
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.