501 N Howard StRobinsonIL62454
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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 Robinson at 501 N Howard St, Robinson, IL, 62454 offers $996/mo rent that, after a $636/mo payment, leaves $95/mo cash flow. Total monthly income is $996/mo, and annual cash flow is $1,137/yr on $43,062 cash. Return on cash invested measures 22.55% in year one, and rental yield stands at 9.2% at a $129,900 entry. Equity gained on principal adds $838/yr while 5% annual appreciation compounds into $35,889 by year five. Five-year ROI records 118.01% and total cumulative return in cash reaches $50,815. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $996/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1921
7,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62454, Robinson, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,909 (100%) |
| Owner Occupied HU | 3,227 (65.7%) |
| Renter Occupied HU | 958 (19.5%) |
| Vacant Housing Units | 724 (14.7%) |
| Median Home Value | $159,728 |
| Average Home Value | $206,626 |
Housing Distribution
Address Breakdown
Residential
4,449
Single Family
4,289
Multi-Family
160
Businesses
463
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