15146 State Highway 123 HwyTallulaIL62688
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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 Tallula at 15146 State Highway 123 Hwy, Tallula, IL, 62688 generates $1,170/mo in rent, after a $1,591/mo payment. Total monthly income is $1,170/mo. Return on cash invested sits at 7.83% in year one, and rental yield is 4.32% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 39.06% and total cumulative return in cash sums $42,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,170/mo property income rather than buyer’s personal income.
Single Family
Built in 1976
14.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62688, Tallula, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 316 (100%) |
| Owner Occupied HU | 251 (79.4%) |
| Renter Occupied HU | 29 ( 9.2%) |
| Vacant Housing Units | 36 (11.4%) |
| Median Home Value | $148,897 |
| Average Home Value | $178,367 |
Housing Distribution
Address Breakdown
Residential
311
Single Family
311
Multi-Family
0
Businesses
14
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Listed by: Kayla Stockus • The Real Estate Group, Inc.
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1036325
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.