444 W Elm StCantonIL61520
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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 Canton at 444 W Elm St, Canton, IL, 61520 priced at $155,000 converts $1,325/mo rent into $250/mo cash flow after a $759/mo obligation. Total monthly income equals $1,325/mo, and annual cash flow totals $2,994/yr on $51,383 invested. Return on cash invested prints 25.74% in year one, and rental yield reads 10.26% against a $155,000 entry. Equity gained on principal adds $1,000/yr, while 5% annual appreciation compiles into $42,824 by year five. Five-year ROI reaches 135.09% and total cumulative return in cash sums $69,412. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,325/mo property income covering a $759/mo payment, not borrower’s personal income.
Single Family
Built in 1901
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61520, Canton, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,481 (100%) |
| Owner Occupied HU | 4,774 (63.8%) |
| Renter Occupied HU | 1,833 (24.5%) |
| Vacant Housing Units | 874 (11.7%) |
| Median Home Value | $121,170 |
| Average Home Value | $158,401 |
Housing Distribution
Address Breakdown
Residential
6,714
Single Family
6,340
Multi-Family
374
Businesses
482
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Listed by: Lisa M Gardner • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1253819
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