108 W 15th AveCoal ValleyIL61240
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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 Coal Valley at 108 W 15th Ave, Coal Valley, IL, 61240 offers a 9.54% rental yield on a $179,900 purchase with $1,430/mo rent. Total monthly income registers $1,430/mo, and a $881/mo payment leaves $182/mo available for distribution. Annual cash flow reaches $2,180/yr on $59,637 to close, and return on cash invested stands at 23.57% in year one. Equity gained on principal adds $1,161/yr while 5% annual appreciation supports $49,703 over five years. Portfolio math shows five-year ROI at 123.44% and total cumulative return in cash at $73,617. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,430/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61240, Coal Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 2,192 (84.9%) |
| Renter Occupied HU | 233 ( 9.0%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $248,118 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
2,516
Single Family
2,516
Multi-Family
0
Businesses
104
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Listed by: Amanda Buchanan • KW 1Advantage
Mls Name: RMLS Alliance
Mls ID: #QC4267936