561 S McClellan StDecaturIL62522
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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 Decatur at 561 S McClellan St, Decatur, IL, 62522 listed at $143,900 pairs $1,120/mo rent with a $704/mo payment to leave $122/mo cash flow. Total monthly income runs $1,120/mo, and annual cash flow reaches $1,466/yr on $47,703 cash to close. Return on cash invested measures 22.98% in year one, and rental yield registers 9.34% at a $143,900 basis. Equity gained on principal adds $929/yr, and annual property appreciation at 5% supports $39,757 by year five. Five-year ROI tracks 120.39% and total cumulative return in cash totals $57,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,120/mo property income relative to a $704/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62522, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,679 (52.2%) |
| Renter Occupied HU | 2,241 (31.8%) |
| Vacant Housing Units | 1,126 (16.0%) |
| Median Home Value | $106,976 |
| Average Home Value | $138,303 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,195
Multi-Family
951
Businesses
235
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