1511 N 5th StChillicotheIL61523
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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 Chillicothe at 1511 N 5th St, Chillicothe, IL, 61523 generates $1,158/mo in rent and, after a $572/mo payment, leaves $347/mo in cash flow. Total monthly income is $1,158/mo, and annual cash flow is $4,168/yr on $38,752 invested. Return on cash invested sits at 30.66% in year one, and rental yield is 11.89% on a $116,900 entry. Equity gained on principal adds $754/yr, while 5% annual appreciation builds toward $32,297 over five years. Five-year ROI reaches 161.6% and total cumulative return in cash sums $62,622. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,158/mo property income rather than buyer’s personal income.
Single Family
Built in 1951
6,852 sqft 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
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Listed by: Jordan Myers • eXp Realty
Mls Name: RMLS Alliance
Mls ID: #PA1260783