128 S Emmett StVirdenIL62690
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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 Virden at 128 S Emmett St, Virden, IL, 62690 at $138,500 posts ROI 21.95% with $78/mo cash flow from $1,039/mo rent. Total monthly income equals $1,039/mo, and annual cash flow records $939/yr on $45,913 to close. Return on cash invested measures 21.95% and rental yield reads 9% at the current $138,500. Equity gained on principal adds $894/yr, and 5% annual appreciation supports $38,265 by year five. Five-year ROI prints 114.86% and total cumulative return in cash totals $52,735.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,039/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1972
10,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62690, Virden, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,856 (100%) |
| Owner Occupied HU | 1,210 (65.2%) |
| Renter Occupied HU | 423 (22.8%) |
| Vacant Housing Units | 223 (12.0%) |
| Median Home Value | $114,819 |
| Average Home Value | $148,977 |
Housing Distribution
Address Breakdown
Residential
1,674
Single Family
1,656
Multi-Family
18
Businesses
143
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Listed by: Lorri D Conn • Keller Williams Capital
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1032216
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.