1520 Lafayette Ave, Mattoon, IL 61938

5 bd · 4 ba · built 1882 · Mattoon · MULTI_FAMILY·source listing ↗

$134,500

rent, three ways

OnePercent model (vv1)

$3,140/mo

wide honest range — HUD/comp anchors · $538–$3,140

HUD Fair Market Rent · 61938 · 5BR—

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

2.33%⚠vs 1.2% target

Unverified — model rent disagrees with HUD/comps

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

$134,500

2.33% · unverified

Intrinsic value · income approach

$218,960

39% 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.