504 E Main StCOFFEENIL62017
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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 COFFEEN at 504 E Main St, COFFEEN, IL, 62017 at $182,000 posts ROI 22.68% with $139/mo cash flow from $1,402/mo rent. Total monthly income equals $1,402/mo, and annual cash flow records $1,673/yr on $60,333 to close. Return on cash invested measures 22.68% and rental yield reads 9.24% at the current $182,000. Equity gained on principal adds $1,174/yr, and 5% annual appreciation supports $50,283 by year five. Five-year ROI prints 118.74% and total cumulative return in cash totals $71,637.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1967
1.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62017, Coffeen, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 560 (100%) |
| Owner Occupied HU | 391 (69.8%) |
| Renter Occupied HU | 79 (14.1%) |
| Vacant Housing Units | 90 (16.1%) |
| Median Home Value | $121,484 |
| Average Home Value | $163,798 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
438
Multi-Family
0
Businesses
23
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Listed by: Lori A Weiss • Montgomery County Realty, Inc.
Mls Name: MARIS
Mls Provider:
Mls ID: #24062088
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