915 E Jefferson AveEffinghamIL62401
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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 Effingham at 915 E Jefferson Ave, Effingham, IL, 62401 uses $36,465 cash to close to unlock $3,809/yr annual cash flow and $317/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $538/mo payment keeps the spread at $317/mo. Purchase price stands at $110,000, and rental yield measures 11.78% with $1,080/mo rent. Return on cash invested shows 30.35% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 159.9% and total cumulative return in cash records $58,308. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62401, Effingham, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,202 (100%) |
| Owner Occupied HU | 6,146 (66.8%) |
| Renter Occupied HU | 2,299 (25.0%) |
| Vacant Housing Units | 757 ( 8.2%) |
| Median Home Value | $210,470 |
| Average Home Value | $274,778 |
Housing Distribution
Address Breakdown
Residential
8,722
Single Family
8,101
Multi-Family
621
Businesses
1,297
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