1606 County Road 2350 ESaint JosephIL61873
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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 Saint Joseph at 1606 County Road 2350 E, Saint Joseph, IL, 61873 earns $1,719/mo cash flow from $2,514/mo rent with a $539/mo payment. Total monthly income totals $2,514/mo, and annual cash flow totals $20,632/yr on $36,518 capital. ROI tracks 76.41% on current figures, and rental yield reads 27.39% at a $110,160 purchase. Equity gained on principal adds $711/yr, and 5% annual appreciation supports $30,435 over five years. Five-year ROI reaches 407.24% and total cumulative return in cash sums $148,718. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,514/mo property income instead of your personal income.
Single Family
Built in 1928
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 61873, Saint Joseph, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,391 (100%) |
| Owner Occupied HU | 1,991 (83.3%) |
| Renter Occupied HU | 296 (12.4%) |
| Vacant Housing Units | 104 ( 4.3%) |
| Median Home Value | $268,318 |
| Average Home Value | $282,628 |
Housing Distribution
Address Breakdown
Residential
2,087
Single Family
2,034
Multi-Family
53
Businesses
119
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