716 W Monroe StAuburnIL62615
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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 Auburn at 716 W Monroe St, Auburn, IL, 62615 offers $1,140/mo rent that, after a $697/mo payment, leaves $152/mo cash flow. Total monthly income is $1,140/mo, and annual cash flow is $1,825/yr on $47,239 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 9.6% at a $142,500 entry. Equity gained on principal adds $920/yr while 5% annual appreciation compounds into $39,370 by year five. Five-year ROI records 124.63% and total cumulative return in cash reaches $58,875. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,140/mo property income versus a $697/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
5,237 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62615, Auburn, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,238 (100%) |
| Owner Occupied HU | 1,641 (73.3%) |
| Renter Occupied HU | 439 (19.6%) |
| Vacant Housing Units | 158 ( 7.1%) |
| Median Home Value | $227,596 |
| Average Home Value | $261,645 |
Housing Distribution
Address Breakdown
Residential
2,121
Single Family
2,081
Multi-Family
40
Businesses
128
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Listed by: Michael Castleman • RE/MAX Professionals
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1033809
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.