707 S Main StAbingdonIL61410
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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 Abingdon at 707 S Main St, Abingdon, IL, 61410 priced at $102,900 pairs $789/mo rent with $75/mo cash flow after a $504/mo payment. Total monthly income equals $789/mo, and annual cash flow comes to $899/yr on $34,111 invested. Return on cash invested is 22.54% in year one, and rental yield stands at 9.2% on a $102,900 basis. Equity gained on principal adds $664/yr, and 5% annual appreciation accumulates to $28,429 by year five. Five-year ROI measures 117.96% and total cumulative return in cash reaches $40,238. For financing, Ziffy Mortgage’s DSCR program evaluates $789/mo property income against a $504/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
10,692 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61410, Abingdon, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,673 (100%) |
| Owner Occupied HU | 1,132 (67.7%) |
| Renter Occupied HU | 340 (20.3%) |
| Vacant Housing Units | 201 (12.0%) |
| Median Home Value | $92,523 |
| Average Home Value | $108,865 |
Housing Distribution
Address Breakdown
Residential
1,540
Single Family
1,490
Multi-Family
50
Businesses
81
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Listed by: Kimberly Arnold • Platinum Key Real Estate, LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033516
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.