1441 E County Road 2650NiotaIL62358
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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 Niota at 1441 E County Road 2650, Niota, IL, 62358 earns $640/mo cash flow from $1,438/mo rent with a $563/mo payment. Total monthly income totals $1,438/mo, and annual cash flow totals $7,682/yr on $38,123 capital. ROI tracks 40.06% on current figures, and rental yield reads 15.01% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 211.96% and total cumulative return in cash sums $80,805. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,438/mo property income instead of your personal income.
Single Family
Built in 1845
3.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62358, Niota, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 212 (62.9%) |
| Renter Occupied HU | 48 (14.2%) |
| Vacant Housing Units | 77 (22.8%) |
| Median Home Value | $120,000 |
| Average Home Value | $190,483 |
Housing Distribution
Address Breakdown
Residential
270
Single Family
270
Multi-Family
0
Businesses
20
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Listed by: Denise Myers • RE/MAX Real Estate Specialists
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328215
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.