532 W 3rd StCentraliaIL62801
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 Centralia at 532 W 3rd St, Centralia, IL, 62801 offers a 9.62% rental yield on a $112,000 purchase with $898/mo rent. Total monthly income registers $898/mo, and a $548/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,456/yr on $37,128 to close, and return on cash invested stands at 23.83% in year one. Equity gained on principal adds $723/yr while 5% annual appreciation supports $30,944 over five years. Portfolio math shows five-year ROI at 124.93% and total cumulative return in cash at $46,383. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $898/mo property income against a $548/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
6,970 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62801, Centralia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,262 (100%) |
| Owner Occupied HU | 5,699 (61.5%) |
| Renter Occupied HU | 2,379 (25.7%) |
| Vacant Housing Units | 1,184 (12.8%) |
| Median Home Value | $103,671 |
| Average Home Value | $137,404 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
7,994
Multi-Family
436
Businesses
716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices