11283 E State Highway 9EllisvilleIL61431
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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 Ellisville at 11283 E State Highway 9, Ellisville, IL, 61431 generates $1,513/mo in rent, after a $1,517/mo payment. Total monthly income is $1,513/mo. Return on cash invested sits at 12.47% in year one, and rental yield is 5.86% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 63.97% and total cumulative return in cash sums $65,743. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
10.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61431, Ellisville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 111 (78.2%) |
| Renter Occupied HU | 14 ( 9.9%) |
| Vacant Housing Units | 17 (12.0%) |
| Median Home Value | $146,250 |
| Average Home Value | $183,739 |
Housing Distribution
Address Breakdown
Residential
122
Single Family
122
Multi-Family
0
Businesses
9
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Listed by: Stephanie Ruey • Jim Maloof Realty, Inc.
Mls Name: RMLS Alliance
Mls ID: #PA1261471