710 W DeanVirdenIL62690
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Virden at 710 W Dean, Virden, IL, 62690 with 5% annual appreciation on a $229,900 basis while $2,018/mo rent supports operations. Total monthly income totals $2,018/mo and a $1,125/mo payment preserves $424/mo for cash returns. Annual cash flow comes to $5,083/yr on $76,212 deployed, and return on cash invested reaches 26.58% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 10.53%. Five-year ROI measures 139.62% and total cumulative return in cash totals $106,403.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,018/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62690, Virden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 1,210 (65.2%) |
| Renter Occupied HU | 423 (22.8%) |
| Vacant Housing Units | 223 (12.0%) |
| Median Home Value | $114,819 |
| Average Home Value | $148,977 |
Housing Distribution
Address Breakdown
Residential
1,674
Single Family
1,656
Multi-Family
18
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices