114 Velda StFarmersvilleIL62533
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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 Farmersville at 114 Velda St, Farmersville, IL, 62533 priced at $219,900 converts $950/mo rent into after a $1,076/mo obligation. Total monthly income equals $950/mo. Return on cash invested prints 10.44% in year one, and rental yield reads 5.18% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 53.13% and total cumulative return in cash sums $38,728. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $950/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Single Family
Built in 1977
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62533, Farmersville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 310 (68.6%) |
| Renter Occupied HU | 85 (18.8%) |
| Vacant Housing Units | 57 (12.6%) |
| Median Home Value | $156,667 |
| Average Home Value | $184,161 |
Housing Distribution
Address Breakdown
Residential
322
Single Family
322
Multi-Family
0
Businesses
38
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Listed by: Kyle T Killebrew • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls ID: #CA1039791