1414 N Van Buren StLitchfieldIL62056
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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 Litchfield at 1414 N Van Buren St, Litchfield, IL, 62056 earns $116/mo cash flow from $948/mo rent with a $587/mo payment. Total monthly income totals $948/mo, and annual cash flow totals $1,394/yr on $39,747 capital. ROI tracks 23.42% on current figures, and rental yield reads 9.49% at a $119,900 purchase. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,126 over five years. Five-year ROI reaches 122.76% and total cumulative return in cash sums $48,792. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $948/mo property income instead of your personal income.
Single Family
Built in 1946
8,102 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62056, Litchfield, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,979 (100%) |
| Owner Occupied HU | 2,573 (64.7%) |
| Renter Occupied HU | 960 (24.1%) |
| Vacant Housing Units | 446 (11.2%) |
| Median Home Value | $130,117 |
| Average Home Value | $191,364 |
Housing Distribution
Address Breakdown
Residential
3,757
Single Family
3,582
Multi-Family
175
Businesses
421
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Listed by: Kassidy E Paine • Century 21 Reid Baugher Realty
Mls Name: MARIS
Mls ID: #25078727