509 N 6th StCubaIL61427
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 Cuba at 509 N 6th St, Cuba, IL, 61427 priced at $140,000 pairs $1,320/mo rent with $349/mo cash flow after a $685/mo payment. Total monthly income equals $1,320/mo, and annual cash flow comes to $4,190/yr on $46,410 invested. Return on cash invested is 28.94% in year one, and rental yield stands at 11.31% on a $140,000 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,679 by year five. Five-year ROI measures 152.34% and total cumulative return in cash reaches $70,702. For financing, Ziffy Mortgage’s DSCR program evaluates $1,320/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61427, Cuba, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,037 (100%) |
| Owner Occupied HU | 763 (73.6%) |
| Renter Occupied HU | 145 (14.0%) |
| Vacant Housing Units | 129 (12.4%) |
| Median Home Value | $118,750 |
| Average Home Value | $167,513 |
Housing Distribution
Address Breakdown
Residential
713
Single Family
713
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chris Stewart • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256985
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.