1212 Lafayette StBeardstownIL62618
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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 Beardstown at 1212 Lafayette St, Beardstown, IL, 62618 priced at $149,000 pairs $1,121/mo rent with $88/mo cash flow after a $729/mo payment. Total monthly income equals $1,121/mo, and annual cash flow comes to $1,053/yr on $49,394 invested. Return on cash invested is 22.04% in year one, and rental yield stands at 9.03% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 115.26% and total cumulative return in cash reaches $56,932. For financing, Ziffy Mortgage’s DSCR program evaluates $1,121/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
6,325 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62618, Beardstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,125 (100%) |
| Owner Occupied HU | 1,939 (62.0%) |
| Renter Occupied HU | 869 (27.8%) |
| Vacant Housing Units | 317 (10.1%) |
| Median Home Value | $90,185 |
| Average Home Value | $148,827 |
Housing Distribution
Address Breakdown
Residential
2,926
Single Family
2,861
Multi-Family
65
Businesses
206
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Listed by: Jamie Clements • Buffy Tillitt & Associates
Mls Name: My State MLS
Mls ID: #11415677