1230 Steakhouse RdKnoxvilleIL61448
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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 Knoxville at 1230 Steakhouse Rd, Knoxville, IL, 61448 generates $2,006/mo in rent, after a $1,909/mo payment. Total monthly income is $2,006/mo. Return on cash invested sits at 13.42% in year one, and rental yield is 6.17% on a $390,000 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation builds toward $107,750 over five years. Five-year ROI reaches 69.02% and total cumulative return in cash sums $89,228. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,006/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
11.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61448, Knoxville, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,702 (100%) |
| Owner Occupied HU | 1,292 (75.9%) |
| Renter Occupied HU | 274 (16.1%) |
| Vacant Housing Units | 136 ( 8.0%) |
| Median Home Value | $156,782 |
| Average Home Value | $243,349 |
Housing Distribution
Address Breakdown
Residential
1,568
Single Family
1,561
Multi-Family
7
Businesses
93
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Listed by: Cassie J Causey • CENTURY 21 Tucker Swanson
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035761
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.