685 E Main St, Warrensburg, IL, 62573 | $704/mo Cash Flow

Recently Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
1 Bath
1424 sft

410 Lakeview Ln, Decatur, IL, 62521

5 Bed
2 Bath
2606 sft

506 N Lafayette St, Mount Pulaski, IL, 62548

3 Bed
2 Bath
2253 sft

1440 W Decatur St, Decatur, IL, 62522

3 Bed
2 Bath
1675 sft

151 N Short St, Argenta, IL, 62501

Nearby investment properties with comparable prices

3 Bed
2 Bath
1861 sft

127 Southland Dr, Decatur, IL, 62521

4 Bed
2 Bath
1514 sft

2050 Friel Ct, Decatur, IL, 62521

3 Bed
2 Bath
1120 sft

421 N Grant St, Clinton, IL, 61727

2 Bed
2 Bath
1886 sft

415 E Christine Dr, Decatur, IL, 62526

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Warrensburg at 685 E Main St, Warrensburg, IL, 62573 offers $2,068/mo rent that, after a $832/mo payment, leaves $704/mo cash flow. Total monthly income is $2,068/mo, and annual cash flow is $8,454/yr on $56,355 cash. Return on cash invested measures 34.91% in year one, and rental yield stands at 14.6% at a $170,000 entry. Equity gained on principal adds $1,097/yr while 5% annual appreciation compounds into $46,968 by year five. Five-year ROI records 185.72% and total cumulative return in cash reaches $104,661. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,068/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1978

0.55 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 62573, Warrensburg, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	686 (100%)
Owner Occupied HU	487 (71.0%)
Renter Occupied HU	110 (16.0%)
Vacant Housing Units	89 (13.0%)
Median Home Value	$136,458
Average Home Value	$162,089