505 N Halford StEdinburgIL62531
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Edinburg at 505 N Halford St, Edinburg, IL, 62531 offers $1,293/mo rent that, after a $807/mo payment, leaves $149/mo cash flow. Total monthly income is $1,293/mo, and annual cash flow is $1,792/yr on $54,664 cash. Return on cash invested measures 23.19% in year one, and rental yield stands at 9.41% at a $164,900 entry. Equity gained on principal adds $1,064/yr while 5% annual appreciation compounds into $45,559 by year five. Five-year ROI records 121.47% and total cumulative return in cash reaches $66,400. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,293/mo property income versus a $807/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1965
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62531, Edinburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 861 (100%) |
| Owner Occupied HU | 622 (72.2%) |
| Renter Occupied HU | 149 (17.3%) |
| Vacant Housing Units | 90 (10.5%) |
| Median Home Value | $135,959 |
| Average Home Value | $170,494 |
Housing Distribution
Address Breakdown
Residential
657
Single Family
657
Multi-Family
0
Businesses
32
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Listed by: Jim Fulgenzi • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036108
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.