110 E Bishop StYates CityIL61572
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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 Yates City at 110 E Bishop St, Yates City, IL, 61572 uses $35,802 cash to close to unlock $3,594/yr annual cash flow and $300/mo monthly cash flow. Total monthly income runs $1,049/mo, and a $529/mo payment keeps the spread at $300/mo. Purchase price stands at $108,000, and rental yield measures 11.66% with $1,049/mo rent. Return on cash invested shows 29.95% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 157.76% and total cumulative return in cash records $56,480. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,049/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1930
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61572, Yates City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 530 (100%) |
| Owner Occupied HU | 396 (74.7%) |
| Renter Occupied HU | 63 (11.9%) |
| Vacant Housing Units | 71 (13.4%) |
| Median Home Value | $140,909 |
| Average Home Value | $174,710 |
Housing Distribution
Address Breakdown
Residential
346
Single Family
346
Multi-Family
0
Businesses
18
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Listed by: Sherri D Delost • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1262576