600 E Center StTroyIL62294
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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 Troy at 600 E Center St, Troy, IL, 62294 generates $2,147/mo in rent and, after a $1,052/mo payment, leaves $656/mo in cash flow. Total monthly income is $2,147/mo, and annual cash flow is $7,872/yr on $71,273 invested. Return on cash invested sits at 30.95% in year one, and rental yield is 11.98% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 163.12% and total cumulative return in cash sums $116,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,147/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62294, Troy, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,266 (100%) |
| Owner Occupied HU | 4,801 (76.6%) |
| Renter Occupied HU | 1,178 (18.8%) |
| Vacant Housing Units | 287 ( 4.6%) |
| Median Home Value | $288,039 |
| Average Home Value | $330,237 |
Housing Distribution
Address Breakdown
Residential
6,258
Single Family
6,098
Multi-Family
160
Businesses
360
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