1255 George Rock Dr #1255Farmer CityIL61842
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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 Farmer City at 1255 George Rock Dr #1255, Farmer City, IL, 61842 listed at $195,000 pairs $1,529/mo rent with a $954/mo payment to leave $177/mo cash flow. Total monthly income runs $1,529/mo, and annual cash flow reaches $2,122/yr on $64,643 cash to close. Return on cash invested measures 23.19% in year one, and rental yield registers 9.41% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 121.44% and total cumulative return in cash totals $78,502. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,529/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 2009
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61842, Farmer City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,270 (100%) |
| Owner Occupied HU | 884 (69.6%) |
| Renter Occupied HU | 249 (19.6%) |
| Vacant Housing Units | 137 (10.8%) |
| Median Home Value | $166,667 |
| Average Home Value | $203,962 |
Housing Distribution
Address Breakdown
Residential
1,166
Single Family
1,166
Multi-Family
0
Businesses
125
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Listed by: Leslie Winstead • RE/MAX Choice Clinton
Mls Name: MRED as distributed by MLS GRID
Mls ID: #12422275