901 Easy StRoanokeIL61561
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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 Roanoke at 901 Easy St, Roanoke, IL, 61561 uses $84,201 cash to close to unlock $5,501/yr annual cash flow and $458/mo monthly cash flow. Total monthly income runs $2,220/mo, and a $1,243/mo payment keeps the spread at $458/mo. Purchase price stands at $254,000, and rental yield measures 10.49% with $2,220/mo rent. Return on cash invested shows 26.44% in year one, and 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 138.89% and total cumulative return in cash records $116,946. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,220/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 2001
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61561, Roanoke, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,157 (100%) |
| Owner Occupied HU | 918 (79.3%) |
| Renter Occupied HU | 154 (13.3%) |
| Vacant Housing Units | 85 ( 7.3%) |
| Median Home Value | $180,914 |
| Average Home Value | $228,608 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
734
Multi-Family
0
Businesses
74
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