330 W Garfield Ave, Decatur, IL 62526

Investor-friendly 2-bed ranch with proven rental history and strong cash-flow metrics. Previously rented for $625/month, this property presents an excellent opportunity for buyers seeking immediate income and favorable cash-on-cash returns. Recent capital improvements include replacement windows, a new roof in 2021, and a new electrical panel in 2025, helping reduce near-term maintenance risk. The home also features an unfinished basement. At a $45,000 purchase price, the numbers are compelling: Estimated monthly P&I: ~$269 (20% down, 6.5% interest, 20-year amortization), Estimated monthly cash flow: ~$356, Estimated annual cash flow: ~$4,275, Estimated cash-on-cash return: ~47% (based on ~$9,000 down payment), Estimated annual ROI: ~47% (excluding appreciation and tax benefits). HVAC and water heater ages are unknown, allowing investors to underwrite conservatively while still benefiting from recent major updates. Affordable entry point, strong yield, and proven rent history make this a solid buy-and-hold or portfolio-add opportunity. Financial figures are estimates and provided for illustration purposes only; buyers to verify rents, expenses, and financing terms.