1203 Adams AveCharlestonIL61920
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Charleston at 1203 Adams Ave, Charleston, IL, 61920 uses $43,924 cash to close to unlock $9,931/yr annual cash flow and $828/mo monthly cash flow. Total monthly income runs $1,752/mo, and a $649/mo payment keeps the spread at $828/mo. Purchase price stands at $132,500, and rental yield measures 15.87% with $1,752/mo rent. Return on cash invested shows 42.52% in year one, and 5% annual appreciation builds toward $36,607 over five years. Five-year ROI reaches 225.13% and total cumulative return in cash records $98,888. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,752/mo property income covering a $649/mo payment rather than investor’s personal income.
Single Family
Built in 2007
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61920, Charleston, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,918 (100%) |
| Owner Occupied HU | 4,689 (47.3%) |
| Renter Occupied HU | 3,790 (38.2%) |
| Vacant Housing Units | 1,439 (14.5%) |
| Median Home Value | $156,599 |
| Average Home Value | $197,069 |
Housing Distribution
Address Breakdown
Residential
9,340
Single Family
7,831
Multi-Family
1,509
Businesses
683
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristen Hutchinson • All-American Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6252445
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.