729 S Monroe StDecaturIL62522
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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 Decatur at 729 S Monroe St, Decatur, IL, 62522 offers a 11.41% rental yield on a $198,100 purchase with $1,883/mo rent. Total monthly income registers $1,883/mo, and a $970/mo payment leaves $509/mo available for distribution. Annual cash flow reaches $6,103/yr on $65,670 to close, and return on cash invested stands at 29.2% in year one. Equity gained on principal adds $1,278/yr while 5% annual appreciation supports $54,731 over five years. Portfolio math shows five-year ROI at 153.69% and total cumulative return in cash at $100,931. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,883/mo property income against a $970/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62522, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,046 (100%) |
| Owner Occupied HU | 3,679 (52.2%) |
| Renter Occupied HU | 2,241 (31.8%) |
| Vacant Housing Units | 1,126 (16.0%) |
| Median Home Value | $106,976 |
| Average Home Value | $138,303 |
Housing Distribution
Address Breakdown
Residential
6,146
Single Family
5,195
Multi-Family
951
Businesses
235
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