10635 E Young RdLondon MillsIL61544
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 London Mills at 10635 E Young Rd, London Mills, IL, 61544 earns from $2,222/mo rent with a $1,953/mo payment. Total monthly income totals $2,222/mo. ROI tracks 14.96% on current figures, and rental yield reads 6.68% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 77.3% and total cumulative return in cash sums $102,242. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,222/mo property income instead of your personal income.
Single Family
Built in N/A
29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61544, London Mills, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 321 (100%) |
| Owner Occupied HU | 234 (72.9%) |
| Renter Occupied HU | 41 (12.8%) |
| Vacant Housing Units | 46 (14.3%) |
| Median Home Value | $108,824 |
| Average Home Value | $158,675 |
Housing Distribution
Address Breakdown
Residential
185
Single Family
185
Multi-Family
0
Businesses
10
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Nearby investment properties with comparable prices
Listed by: Ted Abernathy • Legacy Land Co LLC
Mls Name: My State MLS
Mls ID: #11471016