112 S Cedar StRushvilleIL62681
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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 Rushville at 112 S Cedar St, Rushville, IL, 62681 priced at $145,000 converts $1,130/mo rent into $124/mo cash flow after a $710/mo obligation. Total monthly income equals $1,130/mo, and annual cash flow totals $1,487/yr on $48,068 invested. Return on cash invested prints 23% in year one, and rental yield reads 9.35% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 120.42% and total cumulative return in cash sums $57,884. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,130/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1957
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62681, Rushville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,416 (100%) |
| Owner Occupied HU | 1,589 (65.8%) |
| Renter Occupied HU | 455 (18.8%) |
| Vacant Housing Units | 372 (15.4%) |
| Median Home Value | $120,109 |
| Average Home Value | $152,086 |
Housing Distribution
Address Breakdown
Residential
2,190
Single Family
2,159
Multi-Family
31
Businesses
227
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