15005 Six Mile RdVirginiaIL62691
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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 Virginia at 15005 Six Mile Rd, Virginia, IL, 62691 generates $1,604/mo in rent and, after a $570/mo payment, leaves $753/mo in cash flow. Total monthly income is $1,604/mo, and annual cash flow is $9,041/yr on $38,631 invested. Return on cash invested sits at 43.31% in year one, and rental yield is 16.52% on a $116,535 entry. Equity gained on principal adds $752/yr, while 5% annual appreciation builds toward $32,196 over five years. Five-year ROI reaches 229.86% and total cumulative return in cash sums $88,799. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,604/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in 2003
24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62691, Virginia, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,089 (100%) |
| Owner Occupied HU | 762 (70.0%) |
| Renter Occupied HU | 187 (17.2%) |
| Vacant Housing Units | 140 (12.9%) |
| Median Home Value | $129,412 |
| Average Home Value | $193,094 |
Housing Distribution
Address Breakdown
Residential
1,007
Single Family
1,001
Multi-Family
6
Businesses
84
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