575 N North StArgentaIL62501
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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 Argenta at 575 N North St, Argenta, IL, 62501 at $123,000 posts ROI 22.97% with $104/mo cash flow from $957/mo rent. Total monthly income equals $957/mo, and annual cash flow records $1,246/yr on $40,775 to close. Return on cash invested measures 22.97% and rental yield reads 9.34% at the current $123,000. Equity gained on principal adds $794/yr, and 5% annual appreciation supports $33,983 by year five. Five-year ROI prints 120.2% and total cumulative return in cash totals $49,009.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $957/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1908
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62501, Argenta, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,080 (100%) |
| Owner Occupied HU | 886 (82.0%) |
| Renter Occupied HU | 108 ( 10.0%) |
| Vacant Housing Units | 86 ( 8.0%) |
| Median Home Value | $190,726 |
| Average Home Value | $205,161 |
Housing Distribution
Address Breakdown
Residential
850
Single Family
850
Multi-Family
0
Businesses
36
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