506 Elm StSaint jacobIL62281
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
Investment property for sale in Saint jacob at 506 Elm St, Saint jacob, IL, 62281 offers a 11.05% rental yield on a $210,000 purchase with $1,933/mo rent. Total monthly income registers $1,933/mo, and a $1,028/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,715/yr on $69,615 to close, and return on cash invested stands at 28.12% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 147.9% and total cumulative return in cash at $102,964. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,933/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62281, Saint Jacob, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,166 (100%) |
| Owner Occupied HU | 970 (83.2%) |
| Renter Occupied HU | 137 (11.7%) |
| Vacant Housing Units | 59 ( 5.1%) |
| Median Home Value | $319,811 |
| Average Home Value | $326,554 |
Housing Distribution
Address Breakdown
Residential
1,035
Single Family
1,035
Multi-Family
0
Businesses
47
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Grodzicki • Re/Max Alliance
Mls Name: MARIS
Mls ID: #25057279