1004 W Girard AveMonmouthIL61462
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Monmouth at 1004 W Girard Ave, Monmouth, IL, 61462 at $189,900 posts ROI 23.11% with $168/mo cash flow from $1,519/mo rent. Total monthly income equals $1,519/mo, and annual cash flow records $2,013/yr on $62,952 to close. Return on cash invested measures 23.11% and rental yield reads 9.6% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 121.21% and total cumulative return in cash totals $76,301.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,519/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61462, Monmouth, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,818 (100%) |
| Owner Occupied HU | 3,039 (63.1%) |
| Renter Occupied HU | 1,128 (23.4%) |
| Vacant Housing Units | 651 (13.5%) |
| Median Home Value | $112,163 |
| Average Home Value | $161,049 |
Housing Distribution
Address Breakdown
Residential
4,397
Single Family
4,029
Multi-Family
368
Businesses
399
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices