134 Country Club EstSalemIL62881
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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 Salem at 134 Country Club Est, Salem, IL, 62881 generates $2,188/mo in rent, after a $1,591/mo payment. Total monthly income is $2,188/mo. Return on cash invested sits at 19.17% in year one, and rental yield is 8.08% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 99.88% and total cumulative return in cash sums $107,605. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,188/mo property income rather than buyer’s personal income.
Single Family
Built in 1993
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62881, Salem, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,931 (100%) |
| Owner Occupied HU | 3,300 (66.9%) |
| Renter Occupied HU | 1,177 (23.9%) |
| Vacant Housing Units | 454 ( 9.2%) |
| Median Home Value | $119,093 |
| Average Home Value | $157,119 |
Housing Distribution
Address Breakdown
Residential
4,702
Single Family
4,462
Multi-Family
240
Businesses
492
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Listed by: SIRETHA A HOWE • Midwest Farm & Land Co. LLC
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #EB458189
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.