113 Prairie RunIlliopolisIL62539
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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 Illiopolis at 113 Prairie Run, Illiopolis, IL, 62539 priced at $299,000 converts $0/mo rent into after a $1,463/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.19% in year one, and rental yield reads 0% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62539, Illiopolis, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 539 (100%) |
| Owner Occupied HU | 395 (73.3%) |
| Renter Occupied HU | 86 (16.0%) |
| Vacant Housing Units | 58 (10.8%) |
| Median Home Value | $145,500 |
| Average Home Value | $180,051 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Melissa Douglas • BHHS Central Illinois, REALTORS
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12502343