708 E Benham StTolonoIL61880
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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 Tolono at 708 E Benham St, Tolono, IL, 61880 earns from $810/mo rent with a $1,224/mo payment. Total monthly income totals $810/mo. ROI tracks 6.52% on current figures, and rental yield reads 3.89% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 32.06% and total cumulative return in cash sums $26,566. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $810/mo property income instead of your personal income.
Single Family
Built in 1994
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61880, Tolono, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,754 (100%) |
| Owner Occupied HU | 1,324 (75.5%) |
| Renter Occupied HU | 333 (19.0%) |
| Vacant Housing Units | 97 ( 5.5%) |
| Median Home Value | $232,615 |
| Average Home Value | $237,608 |
Housing Distribution
Address Breakdown
Residential
1,447
Single Family
1,447
Multi-Family
0
Businesses
59
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