1606 N County Highway 11Beecher CityIL62414
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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 Beecher City at 1606 N County Highway 11, Beecher City, IL, 62414 offers a 0% rental yield on a $449,900 purchase with $0/mo rent. 2% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
8.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 62414, Beecher City, IL area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 927 (100%) |
| Owner Occupied HU | 708 (76.4%) |
| Renter Occupied HU | 129 (13.9%) |
| Vacant Housing Units | 90 ( 9.7%) |
| Median Home Value | $184,375 |
| Average Home Value | $220,339 |
Housing Distribution
Address Breakdown
Residential
704
Single Family
704
Multi-Family
0
Businesses
35
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No similar rental properties found nearby.
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Listed by: Tony Lape • RE/MAX Properties
Mls Name: CIBR
Mls Provider:
Mls ID: #6251018
Disclaimer: Copyright Central Illinois Board of REALTORS (CIBR). All rights reserved. Information is deemed reliable but not guaranteed.