1404 N Santa Fe AveChillicotheIL61523
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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 Chillicothe at 1404 N Santa Fe Ave, Chillicothe, IL, 61523 priced at $349,000 converts $1,681/mo rent into after a $1,708/mo obligation. Total monthly income equals $1,681/mo. Return on cash invested prints 11.58% in year one, and rental yield reads 5.78% against a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation compiles into $96,422 by year five. Five-year ROI reaches 59.44% and total cumulative return in cash sums $68,772. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,681/mo property income covering a $1,708/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61523, Chillicothe, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,008 (100%) |
| Owner Occupied HU | 3,712 (74.1%) |
| Renter Occupied HU | 881 (17.6%) |
| Vacant Housing Units | 415 ( 8.3%) |
| Median Home Value | $197,605 |
| Average Home Value | $245,063 |
Housing Distribution
Address Breakdown
Residential
4,684
Single Family
4,458
Multi-Family
226
Businesses
264
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Listed by: Tom Youngman • Coldwell Banker Real Estate Group
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #PA1256912
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.