609 W William 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 609 W William St, Decatur, IL, 62522 at $109,500 posts ROI 29.25% with $282/mo cash flow from $1,042/mo rent. Total monthly income equals $1,042/mo, and annual cash flow records $3,389/yr on $36,299 to close. Return on cash invested measures 29.25% and rental yield reads 11.42% at the current $109,500. Equity gained on principal adds $707/yr, and 5% annual appreciation supports $30,253 by year five. Five-year ROI prints 153.95% and total cumulative return in cash totals $55,883.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,042/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1893
6,969 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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