540 & 532 N Ave EFloraIL62839
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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
Investment property for sale in Flora at 540 & 532 N Ave E, Flora, IL, 62839 uses $42,432 cash to close to unlock $1,508/yr annual cash flow and $126/mo monthly cash flow. Total monthly income runs $1,013/mo, and a $627/mo payment keeps the spread at $126/mo. Purchase price stands at $128,000, and rental yield measures 9.5% with $1,013/mo rent. Return on cash invested shows 23.46% in year one, and 5% annual appreciation builds toward $35,364 over five years. Five-year ROI reaches 122.88% and total cumulative return in cash records $52,139. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,013/mo property income covering a $627/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62839, Flora, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,974 (66.2%) |
| Renter Occupied HU | 691 (23.2%) |
| Vacant Housing Units | 318 (10.7%) |
| Median Home Value | $120,905 |
| Average Home Value | $192,720 |
Housing Distribution
Address Breakdown
Residential
2,776
Single Family
2,726
Multi-Family
50
Businesses
312
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