115 Isabella Dr · Decatur, IL 62521

$110,000

3 bd · 1.0 ba · 1,358 sqft · SingleFamily · 3 Days on market

Built 1955 5,610 sqft lot Est $126k · 13% under

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Why this score? — see what drove the C grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +22.1/30.0
• ARV discount +13.3/15.0
• DSCR +7.1/10.0
• 1% rule +4.5/10.0
• Livability +3.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +0.4/10.0
• Appreciation +0.0/10.0

Listing remarks

Nice south shores ranch with lovely oak kitchen, lots of cabinets and new vinyl flooring. Basement is totally dry and could be finished very easy. Back yard is fenced and nice patio for outdoor gatherings. House is aluminum siding and garage is vinyl. Roof in 2025. Whole house has replacement windows. Nothing to do but move in, house has been well maintained. Button in house to open garage door does not work.

Key facts

• Totally dry basement
• Fenced back yard
• Well maintained

Tags

• NEW VINYL FLOORING
• TOTALLY DRY BASEMENT
• FENCED BACK YARD
• REPLACEMENT WINDOWS
• WELL MAINTAINED

Property features AI

Exterior

• Parking: Detached garage (1.5 spaces)
• Utilities: Public water; Public sewer
• Home design: Single-family residence; One level / 1 story
• Construction: Aluminum siding and vinyl siding; Shingle roof
• Exterior features: Patio; Fenced yard; Concrete road access

Interior

• Kitchen: Range; Refrigerator; Dishwasher
• Bathrooms: 1 full bathroom
• Heating & cooling: Natural gas forced air heating; Central air conditioning
• Interior features: Disposal; Gas water heater; Unfinished full basement
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $110k.

Deal economics

• At list price, monthly cash flow is $177 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $104k (5.2% below list).
• Recommended offer: $104k (5.2% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 59/100 on livability (#1,076 in IL) — a working-class tenant base; expect higher turnover. Strengths: cost of living A+, housing A+; Watch: schools F, crime F, amenities F.
• Decatur SD 61 (urban): math 3% / reading 6% proficiency, ranked #605 of 620 in IL (top 98%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 73% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 193 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 63 units permitted in Macon County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $761 of loan paydown is wiped out by about $3k of value loss. Plan a longer hold.
• Macon County population projected at -24% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1955 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $104,284 (5.2% below list)

Questions for the listing agent

1. Built in 1955 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 0.95% ✗
• Cap rate: 8.22%
• Cash-on-cash: 6.89%
• DSCR: 1.31
• GRM: 8.8

CMA / ARV

• ARV (on-the-fly): $126,294
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
5 1st Dr	0.41mi	3/1.0	1,332 (-2%)	0mo	$125,000	$94	78
2 4th Dr	0.38mi	2/1.0 (-1)	1,376 (+1%)	2mo	$94,000	$68	73
27 2nd South Shores Ave	0.44mi	3/2.0	1,403 (+3%)	3mo	$115,350	$82	67
18 Kaydon Dr	0.43mi	3/1.0	1,316 (-3%)	9mo	$122,500	$93	67
275 Wayside Ave	0.57mi	3/1.0	1,303 (-4%)	2mo	$91,500	$70	65
1 Brownlow Dr	0.21mi	3/1.0	1,164 (-14%)	10mo	$139,897	$120	58
18 E Imboden Dr	0.71mi	3/1.5	1,310 (-4%)	4mo	$133,000	$102	56
2130 S Imboden Pl #122	0.56mi	2/2.0 (-1)	1,334 (-2%)	9mo	$156,897	$118	55
59 Medial Dr	0.32mi	3/1.5	1,560 (+15%)	5mo	$105,000	$67	54
6 2nd South Shores Ave	0.45mi	3/1.0	1,179 (-13%)	10mo	$130,000	$110	49
2170 Franklin Street Rd	0.61mi	3/1.5	1,188 (-12%)	4mo	$88,000	$74	45
14 E Carroll Dr	0.72mi	2/1.0 (-1)	1,517 (+12%)	2mo	$115,825	$76	40

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -5.8%
• Equity multiple: 0.79×
• Total profit: $-6,613
• Equity at exit: $16,401

10-year hold

• IRR: 3.8%
• Equity multiple: 1.28×
• Total profit: $8,529
• Equity at exit: $9,511

Cash invested: $30,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 62521

• Home prices YoY: -9.0%
• Active inventory: 193
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $1,043 medium
• Mortgage (P&I): −$577
• Tax from tax record: −$24 /mo · $291/yr
• Insurance: −$46
• HOA: −$0
• Vacancy / Maint / Mgmt: −$219
• Net cashflow: $177

Break-even live

Break-even rent $819

Max offer price $110,000

Occupancy floor 78%

Sensitivity live

Price	-10% $239	-5% $208	+0% $177	+5% $146	+10% $115
Rent	-10% $94	-5% $136	+0% $177	+5% $218	+10% $259
Rate	-1.0pp $232	-0.5pp $205	base $177	+0.5pp $148	+1.0pp $119

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $27,500
• Closing costs: $3,300
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
2150 S Imboden Pl Decatur, IL	2.0	2.0	1334	$2,775	$2.08	44d	1	0.62mi
520 S Church St Decatur, IL	3.0	1.5	1250	$1,199	$0.96	14d	1	1.17mi
803 E Whitmer St Decatur, IL	3.0	1.0	900	$935	$1.04	44d	1	1.29mi
759 E Lawrence St Decatur, IL	3.0	1.0	1080	$695	$0.64	44d	1	1.32mi

Listing history 4 events

1. 2026-06-13
   statusdays on market $110,000 Pending 3 DOM
2. 2026-06-10
   days on market $110,000 Active 2 DOM
3. 2026-06-09
   remarks 413-char remark
4. 2026-06-09
   listed $110,000 Active 1 DOM

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $291 · $24/mo
• Projected year-2 tax: $1,394 · $116/mo
• Expected delta: +$1,103/yr (+$92/mo · 378.3%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥106°F today · 19 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $12,514
• − Mortgage interest: −$6,162
• − Property taxes: −$291
• − Insurance: −$550
• − Repairs & maintenance: −$1,001
• − Management: −$1,001
• − Depreciation: −$3,200
• Taxable income: $309
• Est. tax owed @ 24.0%: −$74
• After-tax cash flow: $2,048/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Decatur SD 61
• NCES district ID: 1711850
• Math proficiency: 3% ▼ -4.00%
• Reading proficiency: 6% ▼ -6.00%
• Median HH income: $38,864
• Composite: 3.99/100
• National rank: #10059
• State rank: #605 of 620 in IL

Livability — Decatur

• Score: 59/100
• State rank: #1076
• US rank: #20533

Category grades

Amenities F Commute F Cost of living A+ Crime F Employment D- Housing A+ Health & safety F User ratings D-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Decatur, IL
• County: Macon County · 78,333 people
• City population: 78,333
• Metro: Decatur, IL
• Population (ZIP): 32,665
• Household income: $66,337
• Rent vs Own: 25.5% rent · 74.5% own
• Severe rent burden: 640.0

Population outlook (Macon County) Hauer SSP2

• Today (2025): 99,568 people
• By 2030: 94,973 · -4.6%
• By 2040: 85,250 · -14.4%
• By 2050: 75,920 · -23.8%
• By 2075: 55,962 · -43.8%
• By 2100: 36,468 · -63.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (75%)
• Race & ethnicity: White 75% Black 17% Two or more races 5% Hispanic / Latino 3%
• Common ancestry: Slovak 3% Romanian 2% Lithuanian 2%
• Foreign-born: 3% · Canada
• Languages at home: 96% English-only · Spanish 2% Russian/Polish/Slavic 1% Other Indo-European 0%

Political lean MEDSL · Macon

• 2024 margin: R (+18.9) · D 39.8% · R 58.7% · Other 1.4%
• 2008→2024 swing: -20.0pp toward R · 2008: 1.1pp · 2024: -18.9pp
• All cycles: 2024: R+18.9 2020: R+17.7 2016: R+18.1 2012: R+5.2 2008: D+1.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -17.96%
• Current HPI: 180.9274
• Rent YoY: —
• Metro: Decatur, IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

1 event — show timeline

• 2026-06-08 Listed $110,000 CIBR

Property tax history

+0.3%/yr

Latest (2024): $291 · -2.7% YoY. Source: county tax records.