505 E Buckner StTuscolaIL61953
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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 Tuscola at 505 E Buckner St, Tuscola, IL, 61953 priced at $145,000 converts $1,123/mo rent into $117/mo cash flow after a $710/mo obligation. Total monthly income equals $1,123/mo, and annual cash flow totals $1,403/yr on $48,068 invested. Return on cash invested prints 22.83% in year one, and rental yield reads 9.29% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 119.47% and total cumulative return in cash sums $57,428. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,123/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1940
8,850 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61953, Tuscola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,959 (100%) |
| Owner Occupied HU | 1,975 (66.7%) |
| Renter Occupied HU | 714 (24.1%) |
| Vacant Housing Units | 270 ( 9.1%) |
| Median Home Value | $178,656 |
| Average Home Value | $197,411 |
Housing Distribution
Address Breakdown
Residential
2,766
Single Family
2,588
Multi-Family
178
Businesses
267
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