515 E Main StAmboyIL61310
Nearby investment properties with comparable rents
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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 Amboy at 515 E Main St, Amboy, IL, 61310 generates $1,254/mo in rent and, after a $656/mo payment, leaves $324/mo in cash flow. Total monthly income is $1,254/mo, and annual cash flow is $3,893/yr on $44,421 invested. Return on cash invested sits at 28.67% in year one, and rental yield is 11.23% on a $134,000 entry. Equity gained on principal adds $865/yr, while 5% annual appreciation builds toward $37,022 over five years. Five-year ROI reaches 150.87% and total cumulative return in cash sums $67,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,254/mo property income rather than buyer’s personal income.
Single Family
Built in 1931
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61310, Amboy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,726 (100%) |
| Owner Occupied HU | 1,185 (68.7%) |
| Renter Occupied HU | 370 (21.4%) |
| Vacant Housing Units | 171 ( 9.9%) |
| Median Home Value | $187,019 |
| Average Home Value | $228,757 |
Housing Distribution
Address Breakdown
Residential
1,594
Single Family
1,561
Multi-Family
33
Businesses
113
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Listed by: David Flannery, AHWD,E-PRO • eXp Realty
Mls Name: MRED as distributed by MLS GRID
Mls Provider:
Mls ID: #12383364
Disclaimer: Based on information submitted to the MLS GRID as of 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#17)