14298 N 1650th StPalestineIL62451
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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
Rental property for sale in Palestine at 14298 N 1650th St, Palestine, IL, 62451 generates $0/mo in rent, after a $1,077/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -5.2% in year one, and rental yield is 0% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62451, Palestine, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 992 (100%) |
| Owner Occupied HU | 726 (73.2%) |
| Renter Occupied HU | 140 (14.1%) |
| Vacant Housing Units | 126 (12.7%) |
| Median Home Value | $113,924 |
| Average Home Value | $159,332 |
Housing Distribution
Address Breakdown
Residential
922
Single Family
922
Multi-Family
0
Businesses
80
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No similar rental properties found nearby.
Nearby investment properties with comparable prices