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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Marshall at 1208 Beech St, Marshall, IL, 62441 offers $532/mo rent that, after a $534/mo payment. Total monthly income is $532/mo. Return on cash invested measures 12.45% in year one, and rental yield stands at 5.86% at a $109,000 entry. Equity gained on principal adds $703/yr while 5% annual appreciation compounds into $30,115 by year five. Five-year ROI records 63.92% and total cumulative return in cash reaches $23,098. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $532/mo property income versus a $534/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 62441, Marshall, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,443 (100%) |
| Owner Occupied HU | 2,287 (66.4%) |
| Renter Occupied HU | 790 (22.9%) |
| Vacant Housing Units | 366 (10.6%) |
| Median Home Value | $158,270 |
| Average Home Value | $185,334 |
Residential
3,159
Single Family
3,144
Multi-Family
15
Businesses
280
Date | Event | Price |
|---|---|---|
| 2024-08-23 | Listed for sale | $109,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-09-13 | $1770.64 | 3.73% | $27,701 | 12.00% |
| 2022-09-13 | $1706.94 | -0.61% | $24,733 | 7.00% |
| 2021-09-13 | $1717.46 | -0.82% | $23,115 | N/A |
Listed by: Reuben Stence • Stence Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6245457
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.
