635 S Seigel 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 635 S Seigel St, Decatur, IL, 62522 with 5% annual appreciation on a $103,000 basis while $1,734/mo rent supports operations. Total monthly income totals $1,734/mo and a $504/mo payment preserves $917/mo for cash returns. Annual cash flow comes to $11,004/yr on $34,145 deployed, and return on cash invested reaches 52.14% in year one. Equity gained on principal adds $665/yr, and five-year appreciation sums $28,457 alongside rental yield of 20.2%. Five-year ROI measures 277.99% and total cumulative return in cash totals $94,918.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,734/mo property income versus a $504/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1940
8,276 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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