929 W Jay StVandaliaIL62471
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 Vandalia at 929 W Jay St, Vandalia, IL, 62471 uses $57,018 cash to close to unlock $1,762/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $1,340/mo, and a $842/mo payment keeps the spread at $147/mo. Purchase price stands at $172,000, and rental yield measures 9.35% with $1,340/mo rent. Return on cash invested shows 23% in year one, and 5% annual appreciation builds toward $47,520 over five years. Five-year ROI reaches 120.41% and total cumulative return in cash records $68,653. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,340/mo property income covering a $842/mo payment rather than investor’s personal income.
Single Family
Built in 1958
8,359 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62471, Vandalia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,818 (100%) |
| Owner Occupied HU | 2,399 (62.8%) |
| Renter Occupied HU | 936 (24.5%) |
| Vacant Housing Units | 483 (12.7%) |
| Median Home Value | $124,807 |
| Average Home Value | $172,931 |
Housing Distribution
Address Breakdown
Residential
3,606
Single Family
3,566
Multi-Family
40
Businesses
406
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices