15836 E 580 North RdGeorgetownIL61846
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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
Investment property for sale in Georgetown at 15836 E 580 North Rd, Georgetown, IL, 61846 offers a 4.36% rental yield on a $214,900 purchase with $780/mo rent. 94% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 39.68% and total cumulative return in cash at $28,266. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.36 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,945
Single Family
1,905
Multi-Family
40
Businesses
103
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Listed by: Hayley Siefert • Keller Williams Realty - Danville
Mls Name: CIBR
Mls Provider:
Mls ID: #6247604
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.