920 E 3rd StCentraliaIL62801
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Centralia at 920 E 3rd St, Centralia, IL, 62801 uses $95,804 cash to close to unlock $3,455/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $2,293/mo, and a $1,415/mo payment keeps the spread at $288/mo. Purchase price stands at $289,000, and rental yield measures 9.52% with $2,293/mo rent. Return on cash invested shows 23.52% in year one, and 5% annual appreciation builds toward $79,845 over five years. Five-year ROI reaches 123.14% and total cumulative return in cash records $117,974. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,293/mo property income covering a $1,415/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62801, Centralia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,262 (100%) |
| Owner Occupied HU | 5,699 (61.5%) |
| Renter Occupied HU | 2,379 (25.7%) |
| Vacant Housing Units | 1,184 (12.8%) |
| Median Home Value | $103,671 |
| Average Home Value | $137,404 |
Housing Distribution
Address Breakdown
Residential
8,430
Single Family
7,994
Multi-Family
436
Businesses
716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tyson A Coffey • Rod Snow, INC.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB457888
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.