15253 College Ave, Georgetown, IL, 61846 | 7.43% Rental Yield

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15253 College Ave, Georgetown, IL, 61846 | 7.43% Rental Yield | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Georgetown at 15253 College Ave, Georgetown, IL, 61846 offers a 7.43% rental yield on a $155,000 purchase with $960/mo rent. 21% in year one. Equity gained on principal adds $1,000/yr while 5% annual appreciation supports $42,824 over five years. Portfolio math shows five-year ROI at 89.41% and total cumulative return in cash at $45,940. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $759/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1970

1.65 Acres lot

$N/A/sqft

No HOA

More details about the property

This pretty 1.6 acre patch of property could be a homesteaders delight, or just a peaceful place to enjoy the rural setting and all the things that are included. This property has a 2 bedroom 1.5 bath home that has been well cared for. The property is fully fenced in and includes an insulated 2 car garage with a man cave attached and a nice covered porch, an RV pad with dump station, A metal building that has an 18x24 insulated and wood stove heated workshop that is attached to the barn with 3 stalls, a large equipment area and loft space. Also included is a fiber glass storm shelter, 5 apple and 2 cherry trees, pines and willow trees. And if you like to garden weve got you covered with a large garden area and a potting shed, this could also be easily convered into a chicken coop or bunk house for the kids. The property has a little bit of everything, and wont last long! Call your favorite agent for your private tour.

Neighborhood Data

Neighborhood data shown for ZIP Code: 61846, Georgetown, IL area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,127 (100%)
Owner Occupied HU	1,371 (64.5%)
Renter Occupied HU	525 (24.7%)
Vacant Housing Units	231 (10.9%)
Median Home Value	$86,852
Average Home Value	$120,954