1408 Newton AveJohnston CityIL62951
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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 Johnston City at 1408 Newton Ave, Johnston City, IL, 62951 earns $67/mo cash flow from $809/mo rent with a $524/mo payment. Total monthly income totals $809/mo, and annual cash flow totals $798/yr on $35,471 capital. ROI tracks 22.16% on current figures, and rental yield reads 9.07% at a $107,000 purchase. Equity gained on principal adds $690/yr, and 5% annual appreciation supports $29,562 over five years. Five-year ROI reaches 115.95% and total cumulative return in cash sums $41,130. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $809/mo property income instead of your personal income.
Single Family
Built in 1920
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62951, Johnston City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,422 (100%) |
| Owner Occupied HU | 1,604 (66.2%) |
| Renter Occupied HU | 504 (20.8%) |
| Vacant Housing Units | 314 (13.0%) |
| Median Home Value | $101,029 |
| Average Home Value | $154,119 |
Housing Distribution
Address Breakdown
Residential
2,267
Single Family
2,267
Multi-Family
0
Businesses
140
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Listed by: Kristen Anastasi • House 2 Home Realty Marion
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4263773
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.