1501 Old State Rd, Mattoon, IL 61938

3 bd · 2 ba · 1,056 sqft · built 2025 · Mattoon · MOBILE·source listing ↗

$55,500

$64,900 first listed

seller intel

Price cut

−14.5%

from $64,900

Motivation score

50/100

OnePercent model (vv1)$1,998/mo

p10–p90 confidence band

HUD Fair Market Rent · 61938 · 3BR$1,200/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Coles

Flood risk indexRelatively High FEMA NRI

Median household income$57,503

Median area rent$740/mo

Median home value$111,700

the verdict

3.60%vs 1.2% target

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

$55,500

3.60% · rent $1,998

Intrinsic value · income approach

$139,329

60% 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.