7280 Buncombe RoadBuncombeIL62912
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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 Buncombe at 7280 Buncombe Road, Buncombe, IL, 62912 earns $89/mo cash flow from $1,234/mo rent with a $808/mo payment. Total monthly income totals $1,234/mo, and annual cash flow totals $1,069/yr on $54,698 capital. ROI tracks 21.86% on current figures, and rental yield reads 8.97% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 114.39% and total cumulative return in cash sums $62,567. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,234/mo property income instead of your personal income.
Single Family
Built in 1940
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62912, Buncombe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 529 (100%) |
| Owner Occupied HU | 405 (76.6%) |
| Renter Occupied HU | 60 (11.3%) |
| Vacant Housing Units | 64 (12.1%) |
| Median Home Value | $191,447 |
| Average Home Value | $211,901 |
Housing Distribution
Address Breakdown
Residential
474
Single Family
474
Multi-Family
0
Businesses
18
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