116 S Elm StWilliamsfieldIL61489
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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 Williamsfield at 116 S Elm St, Williamsfield, IL, 61489 offers a 9.5% rental yield on a $110,000 purchase with $871/mo rent. Total monthly income registers $871/mo, and a $538/mo payment leaves $108/mo available for distribution. Annual cash flow reaches $1,301/yr on $36,465 to close, and return on cash invested stands at 23.48% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 123.01% and total cumulative return in cash at $44,856. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $871/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1896
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61489, Williamsfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 392 (100%) |
| Owner Occupied HU | 274 (69.9%) |
| Renter Occupied HU | 57 (14.5%) |
| Vacant Housing Units | 61 (15.6%) |
| Median Home Value | $172,093 |
| Average Home Value | $209,909 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
28
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Listed by: Devin Conway • eXp Realty
Mls Name: RMLS Alliance
Mls ID: #PA1259606