129 W 3rd StCoal ValleyIL61240
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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 Coal Valley at 129 W 3rd St, Coal Valley, IL, 61240 earns $6/mo cash flow from $1,201/mo rent with a $783/mo payment. Total monthly income totals $1,201/mo, and annual cash flow totals $70/yr on $53,040 capital. ROI tracks 20.04% on current figures, and rental yield reads 9.01% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 105.25% and total cumulative return in cash sums $55,826. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,201/mo property income instead of your personal income.
Single Family
Built in 1954
8,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61240, Coal Valley, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,581 (100%) |
| Owner Occupied HU | 2,192 (84.9%) |
| Renter Occupied HU | 233 ( 9.0%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $248,118 |
| Average Home Value | $247,075 |
Housing Distribution
Address Breakdown
Residential
2,516
Single Family
2,516
Multi-Family
0
Businesses
104
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Listed by: Rachel Allen • Keller Williams Greater Quad Cities / Midwest Partners
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4260074
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.