11298 Paulton RdPittsburgIL62974
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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 Pittsburg at 11298 Paulton Rd, Pittsburg, IL, 62974 offers a 10.06% rental yield on a $114,000 purchase with $956/mo rent. Total monthly income registers $956/mo, and a $558/mo payment leaves $165/mo available for distribution. Annual cash flow reaches $1,983/yr on $37,791 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $736/yr while 5% annual appreciation supports $31,496 over five years. Portfolio math shows five-year ROI at 132.05% and total cumulative return in cash at $49,903. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $956/mo property income against a $558/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1885
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62974, Pittsburg, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 551 (100%) |
| Owner Occupied HU | 440 (79.9%) |
| Renter Occupied HU | 49 ( 8.9%) |
| Vacant Housing Units | 62 (11.3%) |
| Median Home Value | $220,000 |
| Average Home Value | $233,699 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
25
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