1568 N Walnut StBeasonIL62512
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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 Beason at 1568 N Walnut St, Beason, IL, 62512 priced at $117,500 converts $0/mo rent into after a $575/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -5.2% in year one, and rental yield reads 0% against a $117,500 entry. Equity gained on principal adds $758/yr, while 5% annual appreciation compiles into $32,463 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $575/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62512, Beason, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 180 (100%) |
| Owner Occupied HU | 138 (76.7%) |
| Renter Occupied HU | 16 ( 8.9%) |
| Vacant Housing Units | 26 (14.4%) |
| Median Home Value | $197,500 |
| Average Home Value | $212,772 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Seth A Goodman • ME Realty
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #CA1035347
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