1426 N 4th StChillicotheIL61523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1426 N 4th St, Chillicothe, IL, 61523 generates $1,298/mo in rent and, after a $611/mo payment, leaves $432/mo in cash flow. Total monthly income is $1,298/mo, and annual cash flow is $5,184/yr on $41,404 invested. Return on cash invested sits at 32.43% in year one, and rental yield is 12.47% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 170.9% and total cumulative return in cash sums $70,762. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,298/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
0.34 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tao Albritton • Professional Leasing Services
Mls Name: RMLS Alliance
Mls ID: #PA1262264