607 S Main StSorentoIL62086
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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 Sorento at 607 S Main St, Sorento, IL, 62086 at $100,000 posts ROI 23.31% with $94/mo cash flow from $787/mo rent. Total monthly income equals $787/mo, and annual cash flow records $1,126/yr on $33,150 to close. Return on cash invested measures 23.31% and rental yield reads 9.44% at the current $100,000. Equity gained on principal adds $645/yr, and 5% annual appreciation supports $27,628 by year five. Five-year ROI prints 122.08% and total cumulative return in cash totals $40,468.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $787/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62086, Sorento, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 466 (79.9%) |
| Renter Occupied HU | 58 ( 9.9%) |
| Vacant Housing Units | 59 (10.1%) |
| Median Home Value | $102,465 |
| Average Home Value | $157,720 |
Housing Distribution
Address Breakdown
Residential
522
Single Family
522
Multi-Family
0
Businesses
16
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