








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Newton at 13811 E Lake Jasper South Ave, Newton, IL, 62448 generates $1,270/mo in rent and, after a $768/mo payment, leaves $182/mo in cash flow. Total monthly income is $1,270/mo, and annual cash flow is $2,180/yr on $52,012 invested. Return on cash invested sits at 24.1% in year one, and rental yield is 9.71% on a $156,900 entry. Equity gained on principal adds $1,012/yr, while 5% annual appreciation builds toward $43,349 over five years. Five-year ROI reaches 126.29% and total cumulative return in cash sums $65,688. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,270/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 62448, Newton, IL area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,596 (100%) |
| Owner Occupied HU | 1,912 (73.7%) |
| Renter Occupied HU | 416 (16.0%) |
| Vacant Housing Units | 268 (10.3%) |
| Median Home Value | $139,157 |
| Average Home Value | $205,139 |
Residential
2,513
Single Family
2,454
Multi-Family
59
Businesses
257
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $156,900 |
| 2025-05-10 | Pending sale | $156,900 |
| 2025-05-09 | Listed for sale | $156,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-21 | $2224.72 | 3.00% | $31,540 | 6.27% |
| 2023-10-21 | $2159.92 | 7.62% | $29,680 | 12.51% |
| 2022-10-21 | $2007.00 | 0.32% | $26,380 | 3.98% |



What's Special
Pull Down Stairs
Listed by: Ramie Clagg • Personal Service Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #6251944
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.