409 N Main St, Payson, IL 62360

2 bd · 1.5 ba · 1,608 sqft · Payson · SINGLE_FAMILY·source listing ↗

$220,000

rent, three ways

OnePercent model (vv1)$2,075/mo

wide honest range — HUD/comp anchors · $880–$2,075

HUD Fair Market Rent · 62360 · 2BR$1,120/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Adams

Flood risk indexRelatively Low FEMA NRI

Median household income$54,706

Median area rent$768/mo

Median home value$147,500

the verdict

0.94%⚠vs 1.0% target

Unverified — model rent disagrees with HUD/comps

financing: 20% down · — (FRED, live) · 30yr

$220,000

0.94% · unverified

Intrinsic value · income approach

$220,000

0% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.