112 4th StSaint ElmoIL62458
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 Saint Elmo at 112 4th St, Saint Elmo, IL, 62458 uses $39,780 cash to close to unlock $1,572/yr annual cash flow and $131/mo monthly cash flow. Total monthly income runs $963/mo, and a $587/mo payment keeps the spread at $131/mo. Purchase price stands at $120,000, and rental yield measures 9.63% with $963/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 125.03% and total cumulative return in cash records $49,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $963/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 2023
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62458, Saint Elmo, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 936 (100%) |
| Owner Occupied HU | 682 (72.9%) |
| Renter Occupied HU | 134 (14.3%) |
| Vacant Housing Units | 120 (12.8%) |
| Median Home Value | $134,821 |
| Average Home Value | $172,262 |
Housing Distribution
Address Breakdown
Residential
883
Single Family
848
Multi-Family
35
Businesses
61
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Debby Frailey • C21 Realty Concepts
Mls Name: CIBR
Mls Provider:
Mls ID: #6230343
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.