1208 12th StViolaIL61486
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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 Viola at 1208 12th St, Viola, IL, 61486 listed at $157,500 pairs $1,217/mo rent with a $771/mo payment to leave $100/mo cash flow. Total monthly income runs $1,217/mo, and annual cash flow reaches $1,196/yr on $52,211 cash to close. Return on cash invested measures 22.2% in year one, and rental yield registers 9.27% at a $157,500 basis. Equity gained on principal adds $1,016/yr, and annual property appreciation at 5% supports $43,514 by year five. Five-year ROI tracks 116.36% and total cumulative return in cash totals $60,753. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,217/mo property income relative to a $771/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61486, Viola, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 516 (76.3%) |
| Renter Occupied HU | 90 (13.3%) |
| Vacant Housing Units | 70 (10.4%) |
| Median Home Value | $143,750 |
| Average Home Value | $184,753 |
Housing Distribution
Address Breakdown
Residential
438
Single Family
430
Multi-Family
8
Businesses
40
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Listed by: Sharon Tahere • Ruhl&Ruhl REALTORS Bettendorf
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4259010
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