110 E Jefferson St, New Boston, IL, 61272 | $742/mo Cash Flow

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110 E Jefferson St, New Boston, IL, 61272 | $742/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Boston at 110 E Jefferson St, New Boston, IL, 61272 priced at $149,900 converts $1,782/mo rent into $742/mo cash flow after a $734/mo obligation. Total monthly income equals $1,782/mo, and annual cash flow totals $8,903/yr on $49,692 invested. Return on cash invested prints 37.83% in year one, and rental yield reads 14.27% against a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation compiles into $41,415 by year five. Five-year ROI reaches 199.9% and total cumulative return in cash sums $99,335. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,782/mo property income covering a $734/mo payment, not borrower’s personal income.

Single Family

Built in 1857

0.49 Acres lot

$N/A/sqft

No HOA

More details about the property

The Gideon Ives House is a gorgeous historic home built by the Ives family in 1857.The Ives great great great grand nephew bought the home 27 years ago and they have maintained and restored many of the original aspects of the home. This home has been listed on the National Registry of Historic Places since 2000. Every corner of this home is full of character and architectural treasures. The open winding staircase greets you in the front foyer. The hardwood floors flow from room to room. stunning woodwork frames each window & doorway. The upper level features 3 large bedrooms. The master bedroom offers a private full bathroom & a huge dressing room/walk in closet. The original carriage house has been converted to a garage. This beautiful home is within walking distance to parks, schools, shopping, restaurants, the Mississippi River, & more. Schedule your private tour of this remarkable historic home today!

Neighborhood Data

Neighborhood data shown for ZIP Code: 61272, New Boston, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	717 (100%)
Owner Occupied HU	535 (74.6%)
Renter Occupied HU	96 (13.4%)
Vacant Housing Units	86 (12.0%)
Median Home Value	$139,195
Average Home Value	$176,860