526 Shiloh RdCobdenIL62920
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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 Cobden at 526 Shiloh Rd, Cobden, IL, 62920 priced at $775,000 converts $1,717/mo rent into after a $3,793/mo obligation. Total monthly income equals $1,717/mo. Return on cash invested prints 2.84% in year one, and rental yield reads 2.66% against a $775,000 entry. Equity gained on principal adds $5,001/yr, while 5% annual appreciation compiles into $214,118 by year five. Five-year ROI reaches 12.28% and total cumulative return in cash sums $31,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,717/mo property income covering a $3,793/mo payment, not borrower’s personal income.
Single Family
Built in 2013
46.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62920, Cobden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,333 (100%) |
| Owner Occupied HU | 1,017 (76.3%) |
| Renter Occupied HU | 178 (13.4%) |
| Vacant Housing Units | 138 (10.4%) |
| Median Home Value | $175,521 |
| Average Home Value | $251,944 |
Housing Distribution
Address Breakdown
Residential
1,102
Single Family
1,102
Multi-Family
0
Businesses
51
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