11159 Shipman RdPlainviewIL62685
Nearby investment properties with comparable rents
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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 Plainview at 11159 Shipman Rd, Plainview, IL, 62685 offers a 9.13% rental yield on a $160,000 purchase with $1,217/mo rent. Total monthly income registers $1,217/mo, and a $783/mo payment leaves $107/mo available for distribution. Annual cash flow reaches $1,288/yr on $53,040 to close, and return on cash invested stands at 22.34% in year one. Equity gained on principal adds $1,032/yr while 5% annual appreciation supports $44,205 over five years. Portfolio math shows five-year ROI at 116.93% and total cumulative return in cash at $62,018. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,217/mo property income against a $783/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,226 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62685, Shipman, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 889 (100%) |
| Owner Occupied HU | 629 (70.8%) |
| Renter Occupied HU | 112 (12.6%) |
| Vacant Housing Units | 148 (16.6%) |
| Median Home Value | $171,208 |
| Average Home Value | $205,556 |
Housing Distribution
Address Breakdown
Residential
796
Single Family
788
Multi-Family
8
Businesses
36
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Listed by: Lindsey West • Worth Clark Realty
Mls Name: MARIS
Mls Provider:
Mls ID: #25021303
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