112 N Walnut StVersaillesIL62378
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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
Rental property for sale in Versailles at 112 N Walnut St, Versailles, IL, 62378 generates $925/mo in rent and, after a $612/mo payment, leaves $58/mo in cash flow. Total monthly income is $925/mo, and annual cash flow is $693/yr on $41,438 invested. Return on cash invested sits at 21.58% in year one, and rental yield is 8.88% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 112.81% and total cumulative return in cash sums $46,745. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $925/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62378, Versailles, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 426 (100%) |
| Owner Occupied HU | 298 (70.0%) |
| Renter Occupied HU | 45 (10.6%) |
| Vacant Housing Units | 83 (19.5%) |
| Median Home Value | $173,418 |
| Average Home Value | $191,669 |
Housing Distribution
Address Breakdown
Residential
294
Single Family
294
Multi-Family
0
Businesses
10
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Listed by: Lisa Hapke • Bower & Associates Inc., REALTORS Mt. Sterling
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4264450
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.