1409 Edwards 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 1409 Edwards St, Beardstown, IL, 62618 uses $43,095 cash to close to unlock $1,027/yr annual cash flow and $86/mo monthly cash flow. Total monthly income runs $987/mo, and a $636/mo payment keeps the spread at $86/mo. Purchase price stands at $130,000, and rental yield measures 9.11% with $987/mo rent. Return on cash invested shows 22.29% in year one, and 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 116.65% and total cumulative return in cash records $50,271. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $987/mo property income covering a $636/mo payment rather than investor’s personal income.
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: #11616162