11271 W Center RdMulkeytownIL62865
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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 Mulkeytown at 11271 W Center Rd, Mulkeytown, IL, 62865 listed at $225,000 pairs $1,734/mo rent with a $1,101/mo payment to leave $174/mo cash flow. Total monthly income runs $1,734/mo, and annual cash flow reaches $2,083/yr on $74,588 cash to close. Return on cash invested measures 22.7% in year one, and rental yield registers 9.25% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 118.84% and total cumulative return in cash totals $88,641. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,734/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62865, Mulkeytown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 917 (100%) |
| Owner Occupied HU | 730 (79.6%) |
| Renter Occupied HU | 103 (11.2%) |
| Vacant Housing Units | 84 ( 9.2%) |
| Median Home Value | $170,437 |
| Average Home Value | $196,007 |
Housing Distribution
Address Breakdown
Residential
868
Single Family
868
Multi-Family
0
Businesses
14
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Listed by: Kim Baldwin • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263848
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