516 S Main St #4AnnaIL62906
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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 Anna at 516 S Main St #4, Anna, IL, 62906 priced at $175,000 converts $600/mo rent into after a $857/mo obligation. Total monthly income equals $600/mo. Return on cash invested prints 7.2% in year one, and rental yield reads 4.11% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 35.71% and total cumulative return in cash sums $20,719. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $600/mo property income covering a $857/mo payment, not borrower’s personal income.
Multi Family
Built in 1941
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62906, Anna, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,351 (100%) |
| Owner Occupied HU | 2,093 (62.5%) |
| Renter Occupied HU | 887 (26.5%) |
| Vacant Housing Units | 371 (11.1%) |
| Median Home Value | $162,168 |
| Average Home Value | $195,884 |
Housing Distribution
Address Breakdown
Residential
3,061
Single Family
2,866
Multi-Family
195
Businesses
305
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Listed by: BRIAN S LENCE • KELLER WILLIAMS PINNACLE
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB456732
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.