98 Phillips DrDecaturIL62521
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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 98 Phillips Dr, Decatur, IL, 62521 with 5% annual appreciation on a $109,000 basis while $1,020/mo rent supports operations. Total monthly income totals $1,020/mo and a $534/mo payment preserves $263/mo for cash returns. Annual cash flow comes to $3,161/yr on $36,134 deployed, and return on cash invested reaches 28.66% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 11.23%. Five-year ROI measures 150.83% and total cumulative return in cash totals $54,502.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,020/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62521, Decatur, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 16,648 (100%) |
| Owner Occupied HU | 10,782 (64.8%) |
| Renter Occupied HU | 3,964 (23.8%) |
| Vacant Housing Units | 1,902 (11.4%) |
| Median Home Value | $133,182 |
| Average Home Value | $178,889 |
Housing Distribution
Address Breakdown
Residential
15,410
Single Family
14,598
Multi-Family
812
Businesses
748
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