1405 Beard StBeardstownIL62618
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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 Beardstown at 1405 Beard St, Beardstown, IL, 62618 offers a 10.78% rental yield on a $167,500 purchase with $1,505/mo rent. Total monthly income registers $1,505/mo, and a $820/mo payment leaves $343/mo available for distribution. Annual cash flow reaches $4,116/yr on $55,526 to close, and return on cash invested stands at 27.32% in year one. Equity gained on principal adds $1,081/yr while 5% annual appreciation supports $46,277 over five years. Portfolio math shows five-year ROI at 143.68% and total cumulative return in cash at $79,780. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,505/mo property income against a $820/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62618, Beardstown, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,125 (100%) |
| Owner Occupied HU | 1,939 (62.0%) |
| Renter Occupied HU | 869 (27.8%) |
| Vacant Housing Units | 317 (10.1%) |
| Median Home Value | $90,185 |
| Average Home Value | $148,827 |
Housing Distribution
Address Breakdown
Residential
2,926
Single Family
2,861
Multi-Family
65
Businesses
206
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Listed by: Mandy Seward • DeSollar & Wessler Bros Agency, LLC
Mls Name: My State MLS
Mls ID: #11616797